Northam declares interim dividend despite cash outflow
NORTHAM Platinum Holdings said on Friday it would pay an interim dividend despite a heavy decline in earnings and tripling in net debt to...
Harmony Gold interim earnings forecast up to 42% higher
HARMONY Gold is expected to announce a major increase in interim share earnings when it reports its numbers next Tuesday (March 4).
Commenting in a...
Implats seeks meeting with Zimbabwe govt over forex rules
IMPALA Platinum (Implats) is seeking a meeting with Zimbabwe president Emmerson Mnangagwa to discuss foreign exchange retention rules that make it increasingly difficult for...
Implats warns of further cuts amid “anaemic” metals market
IMPALA Platinum (Implats) raised the prospect of additional restructuring if current economic conditions in the platinum group metals (PGM) industry persisted, described by the...
Pan African’s underground mines could check its ambitions
CAN Pan African Resources follow up on last year’s stellar performance? It was the JSE’s third-best performing share in 2024 — it doubled in...
Allied Gold says Ambrosia deal a vote of confidence in Mali
ALLIED Gold, a Toronto-lister miner, has sold a 50% stake in its Mali mines to Emirati investor, Ambrosia Investments Holdings.
Ambrosia Investments will pay $375m...
Congo considers imposing cobalt export quotas after ban
THE Democratic Republic of Congo may introduce cobalt export quotas to curb oversupply and boost prices, said Reuters citing three sources familiar with the...
Sibanye-Stillwater pulls plug on US lithium project
SIBANYE-Stillwater has pulled out of US lithium/boron project Rhyolite Ridge which would have committed it to spending just under $500m for a 50% stake.
The...
De Beers, Botswana formally sign new marketing agreement
ANGLO American said on Tuesday Botswana's government had formally signed a new diamond marketing agreement with De Beers – a development that represented "a...
Iron ore price slump to knock ARM interim earnings
THE decline in iron ore prices is expected to feature heavily in the interim results of African Rainbow Minerals (ARM) scheduled for March 7.
This...