Implats reinstates dividend after PGM price boost, saves 12,500 jobs at...
IMPALA Platinum (Implats) reinstated the dividend, retained assets it had previously marked for sale or closure, and completed the R10.9bn purchase of North American...
Budget 2020 was “step in right direction” but planned advances too...
A PLAN by South Africa's finance minister, Tito Mboweni, to cut public spending and reduce the expenditure of wasteful state departments was met with...
SA gold executives cautious on project spending despite dearth in new...
KELVIN Dushnisky, CEO of AngloGold Ashanti, said the company was content to keep production at current levels of about three million ounces a year...
Firestone Diamonds to delist as continues fight for survival following power...
FIRESTONE Diamonds was in survival mode in which it would delist and reduce the size of its board in order to slash costs.
This was...
Sasol has no plans to sell coal assets saying they form...
SOUTH African petrochemicals group, Sasol, is to keep its coal mining business, said Reuters citing its CEO, Fleetwood Grobler.
"There was some speculation about the...
Rio Tinto adds voice to COVID-19 outbreak concerns after reporting iron...
RIO Tinto is the latest major mining company to flag the potentially disruptive impact of COVID-19 saying at its annual results announcement that the...
Golden Star extends gold hedging programme for Prestea mine to end...
GOLDEN Star has extended its hedging programme adding 12,600 ounces to its existing forward sales plan in order to protect revenue for its Ghana...
RBPlat says way cleared for growth and dividends after debt to...
ROYAL Bafokeng Platinum (RBPlat) said the way had been cleared to resume dividend payments in the future following repayment of a "deferred consideration" -...
Sibanye-Stillwater to “pull trigger” on $4bn to $5bn takeover in nine...
SIBANYE-Stillwater CEO, Neal Froneman, said on February 19 during the firm's annual results presentation he wasn't "a deal junkie", but the firm has served...
Artisanal mining violence flares again at Gemfields’ Montepuez ruby mine in...
SOCIAL conditions at Gemfields' Mozambique ruby mine, Montepuez, deteriorated further over the weekend after artisanal miners damaged mine property and attacked employees.
Citing the company,...