Tharisa amps up the payout policy, pays 5 US cent dividend
THARISA, a Johannesburg-listed platinum group metal (PGM) and chrome producer, delivered on a promise to revisit its dividend policy announcing today it would increase...
NUM confirms new coal industry wage deal with Chamber
THE National Union of Mineworkers (NUM) confirmed it had signed a new, three-year agreement with the Chamber of Mines except at Kangra Coal were a...
DRDGold says it will not need rights issue to fund R2bn...
DRDGOLD estimated the development of the West Rand Tailings Retreatment Project (WRTRP) would require R2bn in capital - a sum it could finance using...
Muller brings new broom to Implats executive, but loses CFO
IMPALA Platinum (Implats) CFO, Brenda Berlin, is to leave the company after a seven year stint in the position, the Johannesburg-listed firm said in...
Coal strike in balance as NUM weighs new Chamber offer
SOUTH Africa's Chamber of Mines and the National Union of Mineworkers (NUM) are scheduled to reconvene to discuss the latest coal industry wage offer...
Platinum set for convincing swing into 270,000 oz deficit in 2018
A TWO percent decline in platinum production from South African and an increase in demand would create a 275,000 ounce supply deficit during 2018, said...
Wescoal starting to reap benefits of Keaton deal, pays dividend
WESCOAL Holdings paid an interim dividend of 3.1 South African cents per share and said it was positioned for additional merger and acquisition activity...
Exxaro BEE plan squeaks through after firm makes concessions
EXXARO Resources' proposed replacement black economic empowerment (BEE) transaction was narrowly approved by a majority of shareholders today, but the group also agreed to...
Anglo’s Cutifani claims investors are wary of sector recovery
VOLATILITY in the mining sector and the speed with which commodity prices have recovered since 2016 are deterring investors from buying mining shares, said Anglo...
Glencore vows to strengthen Katanga controls amid probe
GLENCORE is to implement "structural and control changes" throughout its copper department following acknowledgement by Katanga Mining, in which it has an 86% stake,...