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Sibanye-Stillwater promises “future windfalls” as PGM earnings eclipse acquisition costs

SIBANYE-Stillwater promised stakeholders "future windfalls" as a result of record platinum group metal (PGM) prices after its PGM mines generated R15.3bn in first quarter earnings...

Zambia shutters Konkola Deep copper mine citing lack of capital

PRODUCTION at Zambia's Konkola Deep copper mine has ground to a halt owing to a lack of development capital, said Bloomberg News citing Barnaby Mulenga,...

Barrick Gold “actively looking at copper projects” as M&A window closes...

BARRICK Gold has switched its attention from copper industry merger and acquisition activity towards exploration following the improvement in the price of the red...

Gold Fields approves R660m solar plant at South Deep

GOLD Fields said it had approved the R660m construction of a 40MW solar plant at its South Deep mine in South Africa - a...

Anglo finds in Thungela simplest outcome in global coal industry clouded...

ANGLO American CEO, Mark Cutifani, might have had the controversial coal deal between Seriti Resources and South32 in mind when he told Miningmx in...

Tharisa signals Zimbabwe expansion as it exercises option over Salene Chrome...

THARISA, a chrome and platinum group metal (PGM) producer, has signalled its intention to embark on geographic diversification after it today announced it had exercised...

DRDGOLD to sustain 14-year dividend run despite third quarter earnings slump

DRDGOLD remained on course to pay a year-end dividend despite a slump in third quarter earnings quarter-on-quarter which was a consequence of lower gold...

Orion Minerals’ Smart calls on authorities to stamp out mafia-type intimidation...

ERROL Smart, CEO of Orion Minerals, described protests by local community members near its Prieska Copper-Zinc Project in the Northern Cape province as "mafia-type...

Mining services sector gears up for new cycle as funds for...

A FEATURE of the last metals and minerals 'supercycle' - in which prices for commodities rose to record levels between 2003 and 2008 -...

Orion Minerals extends R14m loan agreement with Anglo American fund

ORION Minerals said an R14.25m loan with Anglo American sefa Mining Fund (AASMF), had been extended to end-October. The loan facility, raised to pay for...