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Amplats CEO says metal prices to recover 15% to 20%

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PLATINUM group metals (PGM) would recover 15% to 20% their current price levels as "some of the floor" in the basket price had been...

Northam Platinum best placed to withstand current PGM down cycle

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NORTHAM Platinum will be able to "withstand the current down cycle better than many of its larger peers", said credit rating agency GCR Ratings. Citing...

Mantashe says executive exodus is “mice running from methane”

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SOUTH African mines and energy minister Gwede Mantashe resorted to mining analogy to comment on recent executive and non-executive departures at Transnet and Eskom. In...

Copper 360’s Nelson hopes to double share price in 12 months

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COPPER 360 CEO Jan Nelson plans to double investors’ money in 2024. The next six months will show if he can do it. In that...

Gold Fields CEO-designate keen to bring junior mining opportunities

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GOLD Fields CEO designate Mike Fraser said he hoped to bring his recent experience as CEO of a junior gold mining firm to the...

Gold Fields says former South32 COO Mike Fraser to be new...

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GOLD Fields announced that former South32 executive Mike Fraser would be its new CEO, effective from January 2024. In order to ensure a seamless takeover,...

Critical Metals secures sales agreement for Molulu copper project

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CRITICAL Metals, a UK-listed copper junior miner, said it had signed an offtake agreement with OM Metal & Resources for oxide ore produced at...

Cost of Sibanye-Stillwater lithium mine in Finland increases 11.5%

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SIBANYE-Stillwater said the cost of building its Keliber lithium mine in Finland had increased to €656m from a previous estimate last year of €588m,...

SA forgoing billions of rands in output – Anglo’s Wanblad

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SOUTH Africa was forgoing billions of rands in output owing to a deteriorating business environment, said BusinessLive citing Anglo American boss Duncan Wanblad. Speaking at...

Mantashe sets new deadline for SA’s long-delayed cadastre

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THE winning bidder to provide South Africa with a long-awaited mining cadastral system will be announced before the end of October – if all...