Tharisa off to slow start in 2025 amid weaker metal prices
THARISA reported lower first quarter production owing to poor availability of drilling equipment. Coupled with an easing in the chrome price, the slow start...
Suspended Exxaro CEO Nombasa Tsengwa starts fightback
AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times...
Big year for Ivanhoe as prepares to open SA platinum mine
MARNA Cloete is accustomed to the doubters. When Ivanhoe Mines, of which she is president (“CEO in South African terms,” she explains), was first...
Mantengu hails Blue Ridge project as corporate finance dream
MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as...
Gemfields hit by shock 15% export duty on Zambian emeralds
ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the country's Kagem emerald mine.
Sean Gilbertson,...
Exxaro should stick with coal and pay out its cash
EXXARO Resources said last year it will press on with plans to diversify production into "green metals". In the case of the JSE coal...
Barrick issues ultimatum on Loulo-Gounkoto after new Govt impost
BARRICK Gold said on Monday it would have "no choice" but to temporarily suspend Loulo-Gounkoto if Mali's government failed to lift new restrictions placed...
Why Tharisa is yet to win over more investors
CHROME saved the day for resource group Tharisa, which registered a 28% decline in its average platinum group metal (PGM) price during its 2024...
Diamond sales boost would do Anglo power of good
EARLY anecdotal evidence points to a “pleasing” improvement in polished diamond sales since Thanksgiving in the US. This will come as a boost for...
Gold forecast to continue upward drive in 2025
GOLD is expected to average $2,795 per ounce this year continuing the gains of last year, said the Financial Times.
Purchases of the metal will...