Glasenberg plays straight bat to DoJ as Glencore posts “light” interim...
GLENCORE CEO, Ivan Glasenberg, played the straightest of bats to concerns the US Department of Justice (DoJ) will investigate the company saying in comments...
Sun coming out on Petra Diamonds again after two years of...
THE approach of some investment analysts regarding the UK-listed company, Petra Diamonds, - which mines most of its diamonds in South Africa – is to...
Mathunjwa breaks silence with threat to hobble Implats with strike
AFTER nearly a week keeping its counsel, the Association of Mineworkers & Construction Union (AMCU) has threatened Impala Platinum (Implats) with industrial action should...
“We’ve been through business hell and back”: Mike Jones, PTM
AS far as brutal self-assessments are concerned, Mike Jones' acknowledgement of his company’s short-comings is as honest and as raw as they come.
Jones is...
Govt. must heed lesson of Implats restructure as Charter talks toil
AFTER years resisting restructuring its cash-hungry Rustenburg shafts, Impala Platinum (Implats), under the guidance of CEO, Nico Muller, has resolved there's no time like...
Merafe delivers record payout as stainless steel demand grows
AS anticipated by some analysts ferrochrome producer, Merafe Resources, has declared a record interim dividend for the six months to end-June totalling R200m (2017:...
RBPlat to cap frenetic 2018 with R11.6bn Styldrift commissioning
ROYAL Bafokeng Platinum (RBPlat) was confident it would hit the straps with its R11.6bn Styldrift i expansion when it reached commercial production in the...
PGMs home and abroad weigh in for Sibanye-Stillwater
HIGHER rand prices for platinum group metals (PGMs) and a full six months of production from the US PGM operations will help Sibanye-Stillwater to...
Sawiris looms large as La Mancha lines up new ‘game-changer’
EGYPTIAN tycoon, Naguib Sawiris, loomed large in the African gold sector this week. Endeavour Mining, a company in which he has a 30% stake, put...
Merafe may approve a special dividend despite softer market
NOT too long ago, Merafe Resources was a debt-laden minnow amid heavily depressed market conditions owing to the pull-back in demand for stainless steel,...