Amplats, PIC to pump $200m into PGM venture capital fund
THE search for alternative platinum group metal (PGM) markets has been turned up several notches by Anglo American Platinum (Amplats) which is to invest...
Kenmare to unveil dividend policy in October, despite pressures
KENMARE Resources CEO, Michael Carvill, promised to provide detail in October regarding the firm's plans to resume dividend payments.
This followed a strong production period...
Ramaphosa calls for ‘tightening’ of safety laws after latest deaths
SOUTH African president, Cyril Ramaphosa, said the country would "tighten up" safety regulations in order to hold mine management personally accountable for mineworker fatalities,...
Platinum excluded from Wheaton deal as Froneman spies recovery
SIBANYE-Stillwater has excluded platinum from its streaming deal with Wheaton International because it believes there is more upside in the metal's price over the...
Sibanye in $500m streaming deal to quell rights issue collywobbles
SIBANYE-Stillwater is tackling the huge debt that has alarmed investors by selling a portion of future gold and palladium production from its US operations...
Amplats delivers $160m half-year net profit boost to Anglo American
ANGLO American Platinum (Amplats) delivered good news for its 79% shareholder Anglo American saying half-year headline earnings would come in between R3.28bn and R3.41bn...
Exxaro says flip-up of SIOC stake is now an “easier conversation”
THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court...
Agarwal’s Volcan machinations may put esprit in Anglo rating
A REPORT by LiveMint, an Indian publication, quotes two unnamed sources as saying a decision by Volcan Investments to buy the shares it doesn’t...
Union rivalry, bully culture, DMR corruption: Inside Sibanye-Stillwaters’ safety summits
THIS year’s mining death toll of 21 at Sibanye-Stillwater mines has exposed this mining house to class action, as well as political attack. To...
Pan African forecasts slight tick-up in 2019 output to 170,000 oz
FULL-year gold production ended June 30 from Pan African Resources (Pan African) would come in at the upper end of 2018 guidance, it said,...