SA has opened the door to international mining with companies tax...
THE cut in corporate taxes announced by South Africa's National Budget on Thursday was applauded by outgoing Anglo American CEO Mark Cutifani who described...
Anglo CEO Mark Cutifani takes bow as group posts record numbers...
ANGLO American took the total payout to shareholders to $6.2bn for its 2021 financial year ended December after it sweetened the final $1.18 per...
Amplats CEO Natascha Viljoen keeps market guessing on Mogalakwena PGM expansion
ANGLO American Platinum's (Amplats') Mogalakwena expansion could deliver about 300,000 ounces a year of platinum group metals (PGMs) - the low end of guidance...
Commodity bonanza helps SA finance minister Enoch Godongwana to cut debt
SOUTH Africa's finance minister Enoch Godongwana used higher-than-expected revenue generated largely from commodity exports to cut debt and reduce corporate taxes.
Presenting the country's annual...
A long predicted supply squeeze has finally dawned over world’s diamond...
THE diamond market had seen a structural change where the "long-predicted supply squeeze is being reflected over all the diamond categories", according to Petra...
Little Merafe builds nearly R1bn in cash following storming year for...
MERAFE Resources, a ferrochrome producer in joint venture with Glencore, increased cash to nearly R1bn at the close of its 2021 financial year.
The company,...
Perseus posts healthy interim taxed profit, lifts cash while gold challenges...
PERSEUS Mining reported A$126.9m in interim taxed profits today taking net cash to A$222.7m (US$161.8m) as it continued to increase gold output which is...
Okavanga Diamond Company sells record rough diamonds in 2021
OKAVANGO Diamond Company (ODC), Botswana's state-run diamond trader, posted record revenue last year after sales increased five-fold on a recovery in US imports, said...
AngloGold to run two-year mine review as Calderon seeks to drag...
ANGLOGOLD Ashanti is to run an 18 month to two year asset-by-asset review in an attempt to force down cash costs to sub-$900/oz -...
Petra’s $387m in lifex projects underlines turnaround of once stricken diamond...
STRUGGLING diamond miner Petra Diamonds has turned the corner according to CEO Richard Duffy after the group reported interim results for the six months...