Miners exercise restraint, but can counter-cyclical investing be institutionalised?
ASK most investment professionals operating in the metals and mining market, and they’ll say the world’s mining companies have tended to go with the flow.
When...
Vedanta’s Gamsberg to rival Sishen for economic importance in Northern Cape
VEDANTA Resources is starting to ramp-up production from its Gamsberg zinc mine at Aggeneys in the Northern Cape in a development which has huge...
Newmont guides 2019 gold to 5.2m oz owing to Subika expansion...
NEWMONT Mining said a full year of production from the Subika underground mine, an extension of the Ahafo operation in Ghana, would help drive...
Eskom coal stocks improve, but Gordhan detects corruption at below par...
BY the end of December Eskom would hold 33 days of coal stocks, up from 14 to 20 days at present, public enterprises minister...
Amplats, Implats cash flow flush from palladium, but platinum’s day to...
AT the time of writing, Amplats is 30% higher this calendar year whilst Implats’ recovery, especially over the last six months, has been remarkable....
Sibanye-Stillwater fires broadside at AMCU’s Mathunjwa as more striking miners die
IN the latest broadside fired in the violent, two-week-long strike over wage increases, Sibanye-Stillwater’s executive head of human resources, Themba Nkosi, posted an open...
Zimbabwe Govt. tightens grip over diamond production with new ownership policy
THE Zimbabwean government has tightened its grip over the country's diamond sector, approving a policy that entitles it to a 46% stake in all diamond mining...
Mantashe crosses swords with Spoor after DMR postpones Xolobeni meeting
SOUTH African mines minister, Gwede Mantashe, postponed a visit to the Xolobeni community in the country's Eastern Cape on December 9 which was earlier...
Glencore’s Glasenberg makes case for stronger for longer coal price
GLENCORE CEO, Ivan Glasenberg, remains bullish on the outlook for coal, despite widespread consensus that climate change considerations are gradually reducing demand.
Glencore is putting...
Botswana’s Minergy to attempt Eskom coal sales deal after earlier rebuff
BOTSWANA'S Minergy, a coal development company due to list in London next year, said it would attempt to sell coal to Eskom, the beleaguered...