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Harmony passes dividend as net debt climbs R4bn following offshore expansion

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HARMONY Gold passed the interim dividend citing a "prudent" approach to capital allocation. The South African gold producer announced in October plans to buy the...

Sibanye-Stillwater issues “dire” outlook for SA precious metals if power curtailments...

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SIBANYE-Stillwater warned continued power curtailments in South Africa at the current rate will have "dire" consequences for the country in which marginal shafts will...

Rainmaker: Neal Froneman, Sibanye-Stillwater’s R300 million man

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NEAL Froneman became the 'R300 million man in 2022 after making that much, mostly in shares, for a year’s work. Unions seethed but Froneman defended...

Sibanye-Stillwater targets Africa for next leg of battery metals growth strategy

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SIBANYE-Stillwater earmarked Africa as a "meaningful contributor to growth" as it sought new 'green metals' production this year. Commenting in the Johannesburg-headquartered group's 2022 operating...

Russia facing potential setback in Sudan as it vies with West...

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RUSSIA'S ambitions in resource-rich Sudan could receive a setback after authorities in the North African country questioned Russian employees at the Al-Sulaj Mining Ltd...

RBPlat to report 51% slide in basic full-year earnings as Styldrift...

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ROYAL Bafokeng Platinum (RBPlat) is to report a decline in basic interim earnings for the 12 months ended December 31 of nearly 51% owing...

SA’s mining sector saved stumbling Transnet R1.6bn with just one intervention...

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WHAT exactly is going wrong at Transnet Freight Rail (TFR), the largest business unit of the state-owned ports and rail company? Speaking to company...

Thungela opts for growth over windfall dividends after opening shopfront in...

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THERMAL coal miner Thungela Resources pushed the boat out this month, announcing plans to buy Ensham, a coal mine in Australia’s Queensland, for R4.1bn....

Talks with Botswana on new diamond deal held “in good spirits”...

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ANGLO American CEO, Duncan Wanblad said negotiations over a new diamond marketing agreement between its 85%-owned De Beers and Botswana had been held "in...

Harmony to boost interim earnings up to 40% after rand, gold...

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HARMONY Gold will report a 20% to 40% year-on-year improvement in basic earnings for the six months ended December 31, the company said in...