Petra knocked on fears rand, blocked exports will crimp profit
PETRA Diamonds adjusted full year production guidance by up to 300,000 carats (ct), a development that is likely to crimp much-needed cash flow given...
Repairing weak leadership crucial in saving SA’s mining sector
IN a New Year’s message, Chamber of Mines CEO, Roger Baxter, said the Chamber had made progress in the battle against corruption and unethical...
Anglo to sell New Largo to Seriti-led consortium for R850m
ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa's Mpumalanga province, to Seriti Resources, a consortium, which will...
RBCT seeks new export record in 2018 as Asia mops up...
THE Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tons (Mt) of coal during 2017 beating the previous record of 75.38Mt exported...
Noose tightens on Zwane as Hawks seek corruption evidence
SOUTH Africa's special investigations unit, the Hawks, have raided the offices of Free State Premier, Ace Magashule, and the provincial department of agriculture as...
Ramaphosa election a “significant rerating event” for Anglo
THE election of Cyril Ramaphosa as president of the African National Congress, which positions him to become national president, would help narrow the discount...
Gold tipped to peak at $1,500/oz as equities pose risk –...
THE gold price could peak at $1,500 per ounce during 2018, said GFMS Gold survey owing to the risk posed by high-flying equities. "Our forecast...
Gahcho Kué adds vim to Anglo 2017 output numbers despite cuts
ANGLO American turned in a robust fourth quarter production performance which took full year production on a copper equivalent basis some 5% higher compared...
Ramaphosa to tackle “… issues of regulatory uncertainty”
SOUTH African deputy president, Cyril Ramaphosa, promised to restore regulatory certainty to the country following two terms under current president, Jacob Zuma, which have...
Gold Fields sells Finland’s Arctic Platinum venture for $40m
GOLD Fields finally recouped some of its investment in Arctic Platinum (APP), a palladium and platinum project situated in the northern reaches of Finland...