Implats to buy back up to half of R3.25bn convertible bond...
IMPALA Platinum, South Africa’s third-largest source of platinum group metals (PGMs), will buy back up to half of a R3.25bn convertible bond maturing in...
Platinum resurgent as Chinese consumers choose it over expensive gold jewellery
THE surge in the price of platinum - which posted its biggest monthly gain in November since 2008 - has been put down to renewed...
Glencore names Gary Nagle its new CEO as Ivan Glasenberg announces...
GARY Nagle, the current head of Glencore's coal business, has been named as the new CEO of the Swiss-headquartered group. He was previously business leader...
Kumba lowers 2020 output guidance in further evidence of iron ore...
KUMBA Iron Ore would produce about 37 million tons (Mt) of iron ore in its 2020 financial year which closes end-December, the company said...
Copper surges to seven-year high as evidence grows supply can’t match...
THE copper price registered its highest level in more than seven years amid growing concerns mining firms will struggle to match demand, said Bloomberg...
Wescoal’s Demana sticking to expansion plans despite looming liquidity crunch
WESCOAL CEO, Reginald Demana, is holding on to to his strategic expansion ambitions despite the group’s cash-strapped position which has forced it to restructure...
Danakali rates 2022 potash target unlikely as “all options” sought for...
THE chances of Danakali building up to full potash production from its Colluli project in Eritrea on schedule were "diminishing", said the firm's chairman,...
SA coal export price spike to fizzle out as rivals displace...
THE unexpected surge in international thermal coal prices to levels as high as $80/t which took place during November on exports from Richards Bay...
Glencore reshapes cobalt supply to China’s GEM, adding critical oversight pledges
GLENCORE has extended a cobalt supply agreement with China's GEM by five years to which the parties have added audit pledges they hope will...
Kenmare’s Carvill says ilmenite price lift bodes well for “improved capital...
SPOT prices for ilmenite "increased strongly" in the fourth quarter which boded well for improved capital returns, said Michael Carvill, CEO of Kenmare Resources.
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