Over-done palladium price expected to weaken before year-end, say analysts
THE price of palladium is expected to weaken before the end of the year, said Bloomberg News citing the views of nine analysts it surveyed.
The...
Sedibelo ‘loss’, Zambia export duties drag Gemfields into red by hefty...
A RAFT of exceptional items, including a $47.6m fair value loss attached to its held-for sale asset, Sedibelo Platinum Mines, is expected to take...
Exxaro to cut 750 contractor jobs after Group 5 goes into...
ABOUT 750 contract employees would be affected after Exxaro Resources terminated its agreements with Group Five Construction which announced earlier this month it was to...
Manganese, aluminium keep South32 anchored in SA as energy coal sale...
ONE of the biggest events in South Africa’s coal mining sector this year is the sale of South32’s South African Energy Coal (SAEC), a...
Petra resists shareholder calls to replace chairman, Adonis Pouroulis
PETRA Diamonds has thrown its weight behind long-standing non-executive chairman, Adonis Pouroulis, who was on the wrong end of a vote in its annual...
Sibanye-Stillwater to proceed with union count in bid to end AMCU...
THE way has been cleared for Sibanye-Stillwater to conduct a count of union membership at its gold mines in an effort to bring the...
Caledonia Mining forecasts slower-than-anticipated ramp-up for Blanket
THE ramp up of Caledonia Mining’s Blanket extension project would be slower than previously anticipated owing to “certain economic factors” which resulted in less...
Eskom load-shedding poses significant risk to SA economy, says council
THE continuation of load-shedding – rolling blackouts imposed by South African power utility, Eskom, and which have been escalated since March 15 – posed...
Glencore suspends production at Mopani in Zambia after accident leaves two...
GLENCORE suspended production at its Mopani Copper Mines (MCM) in Zambia on March 19 after two workers were killed in an accident, said Reuters.
“All...
AEMFC failed to win Govt. support for Optimum bid – report
A BID by the state-owned African Exploration & Mining Finance Company (AEMFC) to take control of Optimum Coal Mines in consortium with a private...