Shanta Q2 output leaps with help from newly commissioned low-cost mine,...
SHANTA Gold reported a sharp increase in year-on-year second quarter gold production which came in at 29,403 ounces – 92% higher than the first...
Kumba cuts sales, reins-in capex by R2bn as rail issues hurt...
KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months...
Northam to sell stake in RBPlat for R13.1bn as PGM market...
NORTHAM Platinum is to sell its 34.5% stake in Royal Bafokeng Platinum (RBPlat) ahead of a "potentially protracted downturn" in platinum group metal prices...
Eskom cancels agreements totalling R11bn in crime crackdown
ESKOM cancelled coal supply agreements and construction contracts totalling R11bn as South African authorities sought to crack down on crime, said Bloomberg News citing...
Exxaro may hold excess cash as searches for coal export certainty
EXXARO Resources might elect to hold cash rather than pay a special dividend when it announces its interim results later this year despite failing...
Thungela CEO says coal deliveries to Richards Bay “stabilised”
THUNGELA Resources CEO July Ndlovu said the decline in coal deliveries to Richards Bay had been stopped as the rail network had been stabilised.
"There...
Petra Diamonds misses production target but promises better days
PETRA Diamonds missed revised production guidance for the 12 months ended June but said the way was clear for a significant increase in output...
Vedanta near settlement with Zambia over in liquidation Konkola Mines
VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, said...
Lucara Diamond’s Karowe expansion announces 25% capex blow out after delays
LUCARA Diamond Corp.'s expansion of the Karowe mine in Botswana would take 18 months longer to complete than first planned while the project's capital...
Amplats to post heavy interim earnings hit after metal price meltdown
ANGLO American Platinum (Amplats) is set to report a heavy decline in interim earnings following steep declines in metal prices, lower output and higher...