SA coal price recovery to continue as Asia demand reminds world...
THE international thermal coal market is staging a major recovery pushing prices to around $130/t free on board (fob) out of Richards Bay as...
Glencore condemns former employee who pleaded guilty to oil contract bribery
GLENCORE condemned the conduct of a former employee who pleaded guilty on Monday of having bribed officials in Nigeria in exchange for favourable contracts...
Kumba pays out 100% of record earnings but says runaway iron...
KUMBA Iron Ore announced an R72.70 interim dividend representing 100% of record earnings on the back of exceptional iron ore prices and despite logistical...
Merafe returns to profitability in 2021 despite reporting low rail utilisation...
MERAFE Resources returned to profitability in 2021 as it recovered from last year's production downtime caused by Covid-19 lockdowns.
The ferrochrome producer said in a...
Rhodium deficit set to “to again” in 2022 as automakers accelerate...
THE deficit in the rhodium price which has seen the metal cruise to an all-time record level of about $30,000 per ounce this year...
Egypt’s Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused...
GOLD bull Naguib Sawiris, the Egyptian entrepreneur who helped bankroll Endeavour Mining, announced today the creation of a fund primarily pointed towards the development...
Amplats to delight shareholders with 100% payout of record interim earnings
ANGLO American Platinum (Amplats) is to pay an R175 per share interim dividend equal to 100% of the record interim headline earnings announced today.
Headline...
Copper’s investment case may benefit further from shift in South American...
THE growing popularity of left-leaning politics in South America could have a positive impact on the price of copper as miners hesitate over expansions,...
Newmont warns of rising inflation with labour costs “running hot”
COST inflation would persist into next year for the world's gold mining companies if today's warning from Newmont Mining is anything to go by.
Reuters...
“Becoming a non-executive would have been boring” says AngloGold CEO, Alberto...
AT 61 years Alberto Calderon, AngloGold Ashanti’s new CEO, is but a year younger than Nick Holland who stepped down from Gold Fields in...