Barrick beats consensus as metal prices offset Q1 production decline
BARRICK Gold reported adjusted earnings for 14 US cents a share for the first quarter owing to higher metal prices which offset a decline...
Busting Transnet’s ‘ghost trains’: do SA’s miners have a chance of...
WEIGHING in at 31 tons, a single coal wagon is deadweight hardware. Consider that wagon, loaded to its 16t capacity and multiplied by 200...
Gold Fields buys 50% stake in Osisko Mining’s Windfall project for...
GOLD Fields today signed an agreement with Toronto-listed Osisko Mining in which the South Africans will pay C$600m (R8.1bn) for a 50% stake in...
Implats says metal output “at lower end” as loses refining capacity...
IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce...
A wild ride forecast for SA’s PGM miners as metal prices...
MAKING sense of the platinum group metals (PGM) industry right now is hard to do. The outlook for the platinum price has improved recently,...
Zimbabwe’s central bank to launch gold-backed digital currency on May 8
ZIMBABWE'S central bank is to sell a gold-backed digital currency from May 8 in an effort to stabilise its currency and offer and alternative...
Sibanye-Stillwater says illegal mining out of control as SA’s social distress...
RECORDED incidents of illegal mining on the premises of Sibanye-Stillwater's South African operations nearly doubled in 2022, the precious metals miner said.
Citing Sibanye-Stillwater's annual...
ARM appoints Philip Tobias as new CEO bringing to end Schmidt’s...
AFRICAN Rainbow Minerals (ARM), the black-owned diversified mining business founded by the organisation's executive chair Patrice Motsepe has appointed ARM chief operating officer Philip...
Glencore weighs hostile takeover bid after Teck pulls the plug on...
Glencore has won the first round in its battle to take over Canadian mining major Teck Resources and what could well be coming next...
Impala Platinum extends its offer for Royal Bafokeng Platinum for the...
IMPALA Platinum (Implats) has yet again extended its offer for shares in Royal Bafokeng Platinum – (RB Plats) the tenth such extension of the...