Home News Page 294

News

SA Govt’s surprise lift in self-generation threshold to catalyse R27bn in...

0
SOUTH Africa's mining sector could add 1,600MW of mostly renewable, privately-funded power to the national grid following President Cyril Ramaphosa's surprise increase in the...

Kick in thermal coal prices unlikely to incentivise new projects

0
STRONG prices for thermal coal were unlikely to encourage new mine builds, said Bloomberg News. "We expect most coal miners exporting into the seaborne market...

SA could decomission coal-fired power quicker than currently planned

0
SOUTH Africa could decommission coal-fired power stations quicker than set down in the current government plan, and replace a portion of the deficit with...

Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman

0
SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...

DRC at the centre of world’s push to producer more copper...

0
THE Democratic Republic of Congo (DRC) would be a key participant in the decarbonisation of the global economy owing to its copper resources, said...

PTM says “line of sight” over $400m funding will secure SA’s...

0
PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...

SA accounts for half of deaths reported by ICMM members in...

0
MEMBERS of the International Council on Mining and Metals (ICMM) reported 44 deaths in 2020 compared to 287 in 2009 when the collapse of...

UAE company files $27bn in damages against Congo Govt. after loses...

0
A UNITED Arab Emirates company is the latest to dispute the loss of an iron ore mining licence in the Republic of Congo, said...

World’s largest miners set to reward investors as never before as...

0
THE world's largest mining companies have never been more cash generative, but they are reticent to spend on new projects raising the risk of...

Endeavour Mining pledges minimum $500m dividend payout over next three years

0
ENDEAVOUR Mining has targeted dividends over the next three years totalling $500m with the potential to pay more if the gold price trades above...