Kumba weighs Transnet penalties after utility failures cost firm R10bn in...
KUMBA Iron Ore said it was "in discussions" with Transnet regarding financial penalties that may apply in a 'take-or-pay' rail contract after the state-owned...
Petra says portion of $14.8m diamond parcel embargoed by Tanzania has...
A PORTION of diamonds embargoed by the Tanzanian government following a dispute in 2017 with Petra Diamonds over their export value had been sold,...
Kumba cuts dividend, but stays optimistic it can help resolve Transnet...
KUMBA Iron Ore CEO, Nompumelelo Zikalala said the Anglo American company had been able to counter the impact of heavy rains so far this...
Sibanye-Stillwater to takeover Australia’s New Century for $83m in off-market deal
SIBANYE-Stillwater returned to its deal-doing ways today announcing an off-market takeover offer for New Century, an Australian listed tailings retreatment company in which the...
Amplats CEO says firm is “continuously monitoring” risk of total power...
ANGLO American Platinum (Amplats) said it was monitoring the risk of a total energy blackout at its South African mines following an increase in...
South32 says Transnet’s BEE plans will increase mining costs and frustrate...
SOUTH32 said a proposal by Transnet to allocate capacity on its freight rail service to junior miners would increase costs and frustrate growth in...
Amplats says uptick in loadshedding jeopardizes PGM output guidance by 5%
ANGLO American Platinum (Amplats) said power rationining in South Africa could reduce its recently updated refined sales forecast of four million ounces of refined...
South32 in talks with Eskom to buy 900MW in nuclear power...
SOUTH32 is in discussions with Eskom regarding buying nuclear power for Hillside Aluminium which the Perth-headquartered group said could become uncompetitive if the talks...
Endeavour confirms forced purchase of gold by Burkina Faso Govt.
BURKINA Faso forcibly bought 200 kilograms of gold from Endeavour Mining in order to cover "public needs", said Bloomberg News.
The Toronto-listed gold miner told the...
Where does Govt.’s CGS really stand on participation in SA mining...
THE South African government's Council for Geoscience (CGS) has provided some conflicting messages on its strategy for stimulating South Africa's mineral exploration sector with...