Nersa approves new electricity supply deal for South32’s Hillside aluminium smelter
YEARS of wrangling over a new electricity supply contract to the Hillside aluminium smelter in KwaZulu-Natal was resolved today after the National Energy Regulator...
Thungela to undershoot 2021 thermal coal target as Transnet rail crisis...
THUNGELA Resources is forecast to undershoot production guidance for its 2021 financial year of 16 million tons (Mt) owing to a decline in rail...
RBPlat to report huge lift in basic interim earnings as PGM...
ROYAL Bafokeng Platinum (RBPlat) will report interim basic earnings as much as 450% higher year on year owing to improved prices for platinum group...
Centamin kickstarts Egypt gold exploration after Govt. talks over 19 licences...
CENTAMIN would begin looking for gold in Egypt after discussions with the country's government regarding 19 licences it awarded last year progressed.
In March 2020,...
Perseus to unveil dividend policy in August as secures “line of...
WEST African gold miner Perseus Mining will unveil a dividend policy when it presents its 2021 year-end numbers in August, said MD and CEO...
South32 circumvents Transnet rail logjams with “opportunistic, higher cost” trucking
SOUTH32 posted strong production numbers at its South African and Australian manganese operations and record alumina production from its Worsley refinery in Western Australia in...
Petra looks to better times as 2021 sales rise 38%, prepares...
PETRA Diamonds said revenue increased 38% to $406.9m for the year ended June 30 despite mining fewer stones from its South African operations.
It mined...
Recovery of South Africa’s ports underway says Transnet – but cable...
SOUTH Africa's key ports at Richards Bay and Durban were returning to normal levels of operation whilst rail services from Gauteng had been running...
Zimbabwe says Kuvimba stake given to help compensate evicted white farmers
THE Zimbabwean government was handed a stake in Kuvimba Mining House in order to pay compensation to white farms, said Bloomberg News citing an...
Frustration for Kumba as Saldanha logjam dampens sales amid stellar iron...
KUMBA Iron Ore is set to report an increase in interim headline earnings of as much as 182% year on year, but it could...