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Glencore Merafe extends deadline ahead of definitive power tariff

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GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of...

South Africa slashes power tariff to rescue smelters

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SOUTH Africa's electricity minister on Friday unveiled a heavily discounted power tariff for the country's beleaguered ferrochrome industry in what he is quoted to...

Zimbabwe pushes Chinese miners to process lithium locally

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A CHINESE lithium producer has begun construction of a lithium processing plant in Zimbabwe as the southern African country tightens controls on raw mineral...

Northam starts initial work on Zondereinde expansion

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NORTHAM Platinum has approved a R500m capital programme that will provide it with an option to expand production at its Zondereinde mine to more...

Petra Diamonds warns rand strength a “major headwind”

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PETRA Diamonds continues to leak cash as "subdued" market prices were made worse by a strengthening of the rand against the dollar - identified...

Northam Platinum to pay record R2.8bn interim dividend

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NORTHAM Platinum declared a record R2.8bn interim dividend following a strong recovery in headline earnings for the six months to end-December. The year-on-year improvement was...

Cockerill’s 20-bagger: why discovery gives Endeavour edge

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"IN an earlier life I must have been a fireman because instead of displaying rational behaviour in situations like this and running away, I...

Waste not, want not: DRDGold’s R2.7bn bonanza

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IT'S fair to say that almost no-one saw DRDGold as a multibillion-rand-market-cap miner over a decade ago. Back in 2015, at R2.45 a share,...

Lithium price soars following Zimbabwe ban

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CHINA'S lithium price surged on Thursday after Zimbabwe suspended all raw mineral exports, stoking fears of supply disruptions at a time when rising energy...

SA mining baffled as Godongwana fails to address energy tariffs

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SOUTH Africa's Minerals Council said Government's budget statement on Wednesday was a missed opportunity to address the energy crisis facing the mining sector. "The mining...