DRDGold weighing AI in effort to cut gold theft
DRDGOLD was examining how by using artificial intelligence systems it could improve crime prevention – an increasing hazard for gold miners especially as the...
Anglo to sell nickel business to MMG for $500m
ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m.
The...
Mantashe says SA open to nuclear project bids from Russia, Iran
SOUTH Africa risked deepening its rift with the US if it turns to Russia or Iran to expand its civilian nuclear power capacity, said...
Afrimat hit by losses in cement, weak anthracite prices
AFRIMAT, the Johannesburg-listed mid-tier miner and materials company, warned on Monday full year earnings to end-December would decline year-on-year owing to losses from its...
Petra Diamonds CEO Richard Duffy resigns amid debt crunch
PETRA Diamonds today announced the resignation of its CEO Richard Duffy ending nearly six – largely difficult – years at the company blighted by...
Amplats unveils R15.7bn special dividend ahead of June demerger
ANGLO American Platinum (Amplats) on Monday said it would pay a special cash dividend of R15.7bn, equal to R59 per share.
In addition to the...
In-favour Amplats unlikely to suffer major flowback
ANGLO American’s restructuring has lift-off. Despite doubts over its complexity, the group has sold its Australian coal mines for $4.8bn and last month agreed...
Museums join queue for Lucara’s latest giant diamond
LESEDI La Rona, the 1,109 carat diamond recovered from Karowe’s south lobe open pit by operator Lucara Diamond Corp. in 2015, astonished the world.
At...
IDC allocates 40% of exploration fund to juniors
M ining is critical to South Africa's economy. In the first three quarters of 2024, the sector contributed an added value of about R448.4bn...
Sibanye-Stillwater appoints Richard Stewart as CEO-designate
SIBANYE-Stillwater confirmed a Miningmx report earlier on Thursday that its founding CEO of 13 years standing, Neal Froneman was set to retire this year....