Zimbabwe Govt permits Chinese companies to drill for coal in Hwange...
THE Zimbabwe government has awarded two coal mining concessions to Chinese companies inside the Hwange National Park which is the country’s flagship wildlife conservation...
Glencore partner Merafe in R1.34bn write-down as JV partners cut 1,000...
MERAFE Resources booked an impairment of R1.34bn in the first six months of its 2020 financial year owing to Covid-19 related production stoppages. Production...
Platinum has good lockdown with supply deficit set to widen in...
PLATINUM has had a good lockdown, according to the World Platinum Investment Council (WPIC) which said on Tuesday demand for the metal outstripped supply in...
ARM to call in external forensics if bean counters can’t crack...
THERE'S serious head-scratching underway in the finance division of African Rainbow Minerals, the Johannesburg-listed diversified miner.
The company is in the final throes of an...
Holding cash for projects may be risky business for ARM as...
THERE was a ripple of disquiet among analysts last week when Patrice Motsepe, executive chairman of African Rainbow Minerals (ARM), defended his company’s dividend...
Sylvania raises prospect of windfall dividends as rhodium gain dominates 2020...
SYLVANIA Platinum raised the prospect of a “windfall dividend” during its new financial year after registering elevated prices for rhodium and palladium which it...
SA’s Competition Commission approves Seriti purchase of South32 coal assets
THE acquisition of South32's South African Energy Coal (SAEC) to Seriti Resources has been recommended by South Africa's Competition Commission, said BusinessLive.
"In spite of...
Draft tax amendments disturb narrative SA Govt. will lend kindly ear...
SOUTH AFRICAN mining has recently suggested there’s grounds for hope Government will respond positively to reform proposals placed before it by Business Leadership SA's...
Orion Minerals shares nearly double in a month as nears deal...
SHARES in the JSE's Orion Minerals have nearly doubled in value since the start of August which may reflect the firm's advanced stage discussions...
SA will escape power crisis when Medupi, Kusile come on-line: David...
SOUTH Africa's electricity supply deficit woes would soon be ameliorated, said BusinessLive citing the views of the country's deputy president, David Mabuza.
Responding to questions...