Botswana enlists Lazard for ambitious De Beers takeover
BOTSWANA has appointed Lazard to advise on acquiring control of diamond giant De Beers, following Qatar's recent $12bn investment pledge to the southern African...
Rio boss targets ‘low hanging fruit’ in titanium
SIMON Trott has wasted little time implementing his inaugural strategic overhaul at Rio Tinto, announcing last week a comprehensive restructuring targeting the miner's underperforming...
Valterra to trial underground mining at Mogalakwena in 2026
VALTERRA Platinum will launch trial mining operations at its flagship Mogalakwena open-pit complex in late 2026, signalling confidence in platinum group metals (PGMs) amid...
No regrets for high-riding Froneman
SIBANYE-Stillwater, created in 2013 as a spin-off of Gold Fields' South African assets, has always been defined by its founding CEO, Neal Froneman, a...
Dunne sunny on PGMs despite habitual caution
WHILE Northam Platinum CEO Paul Dunne claims to be "cautious" about platinum group metals (PGMs), a detailed presentation he gave at the JSE on...
Northam wary on platinum as profits fall
NORTHAM Platinum struggled in the year to end-June pushing up revenues 6.9% to R32.9bn (previous financial year R30.8bn) but recording a 17% drop in...
Sibanye-Stillwater’s Stewart eyes return to dividend
AS incoming Sibanye-Stillwater CEO Richard Stewart steps into the massive mining boots of Neal Froneman, dividends are on his mind - and no doubt...
Impala looks to better times as platinum prices rise
IMPALA Platinum (Implats) had survived the past few years of depressed platinum market conditions through an “aggressive defensive strategy” which had positioned the group...
Sibanye-Stillwater earnings knocked by impairments
Sibanye-Stillwater's interim headline earnings surged 19-fold to 190 SA cents per share, driven by higher prices and cost containment, and the company said it...
Harmony gets its financial ducks in a row
HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...