Investor migration forecast for under-valued Anglo American
THE deterioration in the commodities market this year has not dimmed prospects for Anglo American, according to analysts who prefer the stock as it's...
De Beers scoops Peregrine’s Chidliak diamond prospect for C$107m
DE BEERS said it had secured one of Canada's best undeveloped diamond deposits following a C$107m cash transaction in which it bought outstanding shares...
Anglo ticks along with Amplats lifting guidance; iron ore, coal drag
THE majority of assets operated by Anglo American ticked along reliably in the 2018 financial year with diamonds, copper and platinum performing well, the...
South32 takes out $60m in costs as SA coal now primed...
SOUTH32 said it would start the search for a black-owned investor for its South African coal business in September following a restructuring of the...
Gold miners table wage increase of up to 6.5% for underground...
SOUTH African gold producers including Sibanye-Stillwater and Harmony Gold have tabled a three-year wage offer to unions with increases ranging between 3% and 6.5% depending...
Balance of interests is the best SA gold wage talks can...
Third par corrected to read 111,795 instead of previously stated 117,795.
IN the eyes of many, the South African gold mining industry has had its day....
Bushveld says can deliver battery energy to Eskom “in months”
BUSHVELD Energy’s progress in getting its vanadium redox flow battery (VRFB) up and ready for testing at Eskom’s Rosherville site shows that utility-scale batteries...
Amplats, PIC to pump $200m into PGM venture capital fund
THE search for alternative platinum group metal (PGM) markets has been turned up several notches by Anglo American Platinum (Amplats) which is to invest...
Kenmare to unveil dividend policy in October, despite pressures
KENMARE Resources CEO, Michael Carvill, promised to provide detail in October regarding the firm's plans to resume dividend payments.
This followed a strong production period...
Ramaphosa calls for ‘tightening’ of safety laws after latest deaths
SOUTH African president, Cyril Ramaphosa, said the country would "tighten up" safety regulations in order to hold mine management personally accountable for mineworker fatalities,...