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Northam Platinum buys R1.3bn shares in Zambezi from PIC taking stake...

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NORTHAM Platinum has bought R1.3bn in Zambezi Platinum preference shares from the Public Investment Corporation (PIC), the South African government asset manager. In addition to...

What kind of company will Glencore become under new CEO Gary...

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WHAT kind of company will Glencore be under the management of Gary Nagle? According to Ivan Glasenberg, the group’s current, long-serving CEO, much the same...

Maria Ramos appointed chairwoman of AngloGold Ashanti after Pityana quits

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MARIA Ramos has been appointed chairwoman of AngloGold Ashanti, said Bloomberg News citing a statement from the Johannesburg-headquartered gold company. She replaces Sipho Pityana who...

Brenda Berlin springs surprise by stepping down as acting CEO of...

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BRENDA Berlin has resigned as acting CEO of MC Mining, the London- and Johannesburg-listed coal development firm. Berlin gave no reason for her departure, which...

AfriTin reaches first phase tin concentrate capacity at Uis mine

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AFRITIN, the UK-listed tin miner, said it had reached first stage full production at its Uis pilot plant in Namibia. The operation produced 63.9 tons...

Amplats upgrades refined PGM output to 2.7m oz after early ramp...

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ANGLO American Platinum (Amplats) today upgraded its refined platinum group metal (PGM) production for 2020 to between 2.6 million to 2.7 million ounces after...

Implats to buy back up to half of R3.25bn convertible bond...

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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

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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...

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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...

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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...