Trouble for SA economy as tax-take from miners forecast to halve
THE tax take from South African mining companies was estimated to halve in 2023 at current spot prices compared to 2021 when the country...
UK portfolio manager tells Menell and Trahar to rein in talk...
PORTFOLIO manager George Cheveley urged market temperance last week following claims by two members from prominent South African mining families there were chronic shortages...
Manganese exports boosted after TFR adds rail slots on Northern Cape...
MANGANESE exports from South Africa are set to receive a boost after Transnet Freight Train completed a debottlenecking project which will add four additional rail...
Zambia close to resolving dispute with Vedanta over Konkola Copper Mines
ZAMBIA is close to resolving a dispute with Vedanta Resources over its Konkola Copper Mines (KCM), with a deal over the future of the partly...
Salungano Group share continues volatile form, gaining 40% on JSE
SHARES in coal producer Salungano Group gained 40% by midday on the Johannesburg Stock Exchange continuing the company's unusual trading pattern lately.
Shares in the...
Shanta to average over 100,000 oz/year after commissioning second mine, Singida
SHANTA Gold has forecast average annual gold production of 103,000 ounces over the next five years with potential for expansion from its recently commissioned...
Cash a burning question for SA coal miners Thungela and Exxaro
IT'S sometimes said that the biggest challenge for executives is not how they cope in the hard times, but how well they allocate cash...
Grade lift will have “impact on bottom line”, says Copper360’s Nelson
JUNIOR miner Copper360 has reported better-than-expected copper recovery grades and faster recovery times from test work on drill cores taken at its Rietberg copper...
De Beers says diamond sales deal could unleash $750m in Botswana...
DE Beers will invest $75m up-front into a Diamonds for Development Fund and could increase that to a total of $750m over the next...
Northam Platinum eases pressure on balance sheet with restructuring
NORTHAM Platinum said today access to funds had increased to R11bn after increasing its five year rolling credit facility by R2.85bn to R10bn.
Existing general...