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Growth in Zimbabwe mining sector forecast to slow in 2023

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GROWTH in Zimbabwe's mining sector was forecast to slow in 2023 owing to rising costs and chronic electricity shortages, said Reuters. Citing a report by...

BHP apologises for sexual harassment, racism and bullying at mine sites

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BHP has apologised for sexual harassment, racism and bullying at mine sites and pledged more to tackle the problem, reported Bloomberg News. "We are determined...

Gold Fields to weigh distributing $300m Yamana break-fee to shareholders among...

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GOLD Fields would consider distributing a $300m (R5.3bn) break fee from its failed takeover of Yamana Gold to shareholders as one of several options...

Threats from “disgruntled groups” preceded coal train derailment, says Transnet

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TRANSNET said heavy rains overnight hampered efforts to restore operations on its coal line following a derailment of a train carrying export coal on...

Stick or twist? The pros and cons of Implats launching a...

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IMPALA Platinum (Implats) would not be drawn into whether it would embark on a bidding war for outright control of Royal Bafokeng Platinum (RBPlat),...

Northam Platinum plays hand for RBPlat unveiling blockbuster cash offer worth...

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NORTHAM Platinum Holdings has bid for control of Royal Bafokeng Platinum (RBPlat) announcing today a voluntary offer worth R32.5bn. The offer, which comes a year...

Gold Fields terminates bid for Yamana Gold after Canadians pull support

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GOLD Fields has brought five months of feverish corporate action to a disappointing close, terminating its proposed takeover of Yamana Gold. This came after the...

Yamana tells shareholders to vote against Gold Fields offer in blow...

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GOLD Fields' chances of landing Yamana Gold receded further today after the Toronto-listed firm switched its recommendation to a rival joint offer that emerged...

SA Govt. sets new deadline of February 2023 for much delayed...

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SOUTH Africa’s mining industry will have a new mining cadastral system in place by the end of February 2023 if all goes according to...

South Africa’s Transnet reports derailment on coal export line

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FRESH coal export delays from South Africa are likely to result from a train derailment which operator Transnet announced had occurred today. The government-owned company...