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Implats cuts PGM forecast owing to refined inventory build, exacerbating metal...

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IMPALA Platinum (Implats) cut platinum group metal (PGM) production guidance for its 2022 financial year to no more than 3.2 million ounces, about 300,000...

Perseus to extend footprint to Sudan in A$230m purchase of Toronto’s...

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PERSEUS Mining today unveiled plans to dramatically expand its operational footprint with the A$230m purchase of shares in Orca Mining, a Toronto-listed gold exploration...

Harmony Gold to shut Bambanani in Free State early as safety...

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HARMONY Gold is to close its Bambanani mine in South Africa's Free State province incurring an impairment of R144m which has been recognised in...

Lucara Diamond’s Thomas hails best market “in the better part of...

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LUCARA Diamond Corporation said revenue from diamond sales, excluding exceptional stones will be as much as $225m at the upper end of its estimates...

Implats’ Nico Muller bears RBH no ill will after it sold...

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IMPALA Platinum (Implats) CEO, Nico Muller said he bore no ill will towards Royal Bafokeng Holdings (RBH) after it sold its stake in Royal...

RBPlat to register full year earnings lift of up to 78%

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ROYAL Bafokeng Platinum (RBPlat), currently the subject of a takeover offer by Impala Platinum (Implats), forecast an increase of up to 78% in basic...

SA has opened the door to international mining with companies tax...

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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...

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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

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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

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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...