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Implats pays handsome dividend despite production pressure, weaker PGM market outlook

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IMPALA Platinum (Implats) declared a final dividend of R10.50 taking the total dividend for its 2022 financial year to R15.75 equal to 48% of...

How diamonds will enable Anglo to make a market for Woodsmith...

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ANGLO American's experience marketing diamonds through its decades-long association with De Beers would be invaluable as it seeks to make a market for Woodsmith,...

AfriTin remains positive on tin market despite commodity volatility

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DEMAND for tin would "remain positive" this year despite commodity market volatility, said AfriTin CEO Anthony Viljoen whose company today reported a maiden group...

SA to kickstart second state-owned energy company with plan to convert...

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THE South African government plans to convert three coal-fired power plants into gas-burning generators, a development that Bloomberg News said today was the first...

De Beers warns of Diwali disruption to “next few cycles” after...

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DE BEERS said today rough diamond sales for the seventh cycle totalled $630m, an improvement on the $522m in sales for the same period...

Does ESG contain the seeds of its own destruction?

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TALK about a pickle. Mining companies worldwide are in a new scramble, and it is one aimed at green metals or ‘critical minerals’. These include...

AngloGold appoints Rio Tinto executive Gillian Doran as new CFO

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ANGLOGOLD Ashanti said today it had appointed Gillian Doran as its new CFO and an executive director with effect from January, 2023. Doran is currently...

Sandfire announces $71.9m expansion of Botswana’s Motheo copper mine

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SANDFIRE Resources is to spend an additional $71.9m expanding its Motheo copper project in Botswana to 5.2 million tons (Mt/y) a year, said Reuters. Citing...

Master Drilling recaptures feel good factor but Pretorius remains cagey on...

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BUSINESS continued to boom for Master Drilling in the six months to end-June with headline earnings up 55.5%, but CEO Danie Pretorius remains as...

Harmony Gold to maintain dividends despite facing two years of heavy...

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HARMONY Gold CEO Peter Steenkamp said the company would continue paying dividends despite warning that free cash would be constrained in the current financial...