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,...
DMR lays into ‘mindless’ Implats as row erupts over 13,000 jobs...
THE South African government has accused Impala Platinum (Implats) of "... a mindless commitment" to a "pre-determined outcome" after the firm today unveiled plans to...
AngloGold set fair for strong 2018 showing as output trends up
ANGLOGOLD Ashanti is set fair for a strong production year in 2018 having racked up between 1.6 million to 1.75 million ounces in output...
Implats to cut platinum output 30% in radical Rustenburg restructure
IMPALA Platinum (Implats) has lifted the curtain on the much-anticipated restructuring of its Rustenburg (Lease Area) operations, the outcome of which is a 230,000...
Sawiris’ La Mancha to pump $125.7m to fasttrack Golden Star growth
GOLDEN Star Resources today unveiled a potentially transformative transaction that sees Egyptian entrepreneur Naguib Sawiris' newly created La Mancha investment vehicle inject $125.7m into...
Endeavour targets Tabakoto sale as portfolio reshape continues apace
TORONTO-listed mid-tier gold producer, Endeavour Mining, continued to reshape its portfolio putting its Tabokoto mine on the block in an effort to drive down...