ARC weighing further investment in Kropz’s Cape phosphate mine
AFRICAN Rainbow Capital (ARC) is considering whether it would invest further in the proposed Elandsfontein phosphate mine which it said in an investment update...
Rand eases but the margin pressure on SA PGMs is manifest
IT’S fair to say that Neal Froneman, CEO of Sibanye-Stillwater, hasn’t always been the best of friends with the South African government or its...
AngloGold on brink of positive cash flow, but Africa noise persists
ANGLOGOLD Ashanti successfully negotiated the typically difficult first quarter of the financial year reducing the net cash outflow by nearly $50m year-on-year to $70m...
Sibanye-Stillwater share punished by investors fearing output loss
SHARES in Sibanye-Stillwater took a hammering in Johannesburg on May 7, possibly on concerns related to lost production at its west Johannesburg operation, Driefontein, a...
Analysts say diamond market recovery will rescue Petra
A COMPANY contending with balance sheet pressures is Petra Diamonds, the UK-listed firm that has built a business by buying up the mines that...
Froneman promises “comprehensive investigation” into Driefontein tragedy
SIBANYE-Stillwater is to embark on a "comprehensive investigation" into a seismic event at its Driefontein operations west of Johannesburg last week which resulted in...
CoM defends record as Sibanye-Stillwater fatalities total seven
THE Chamber of Mines said it regretted the number of seismicity-related incidents this year on South Africa's gold mines - the latest of which...
Bushveld Minerals pegs hopes on energy to drive vanadium demand
AS local vanadium producer Bushveld Mineral rides the wave of increased vanadium demand from China, the London-listed junior is also pegging its hopes on...
Centamin more than doubles first quarter profit at Sukari
CENTAMIN, the UK-listed gold producer which operates the Sukari mine in Egypt, more than doubled its first quarter profits owing to higher production, better...
Four miners trapped at Sibanye mine pass away, search continues
FOUR of 10 employees recovered from the Masakhane mine at Sibanye-Stillwater's West Rand Driefontein operations had passed away, the firm said today. Operating activity at the...