SA mining production shows highest monthly increase in two years for...
MINING production in South Africa during January recorded its largest monthly increase in two years rising 7.5% year-on-year, albeit from a downwardly revised 0.1%...
De Beers may curtail diamond sales as consumers in China take...
DE Beers today reported weaker fourth cycle sales which totalled $480m compared to $542m in sales for the previous cycle. The fourth quarter sales were also...
SA miners count the cost of COVID-19 lockdown as projects, production,...
SOUTH African mining firms began to count the cost of the three week shut down ordered by President Cyril Ramaphosa last night - effective...
Update: Kumba says iron ore rail reopened after Transnet reports copper...
TRANSNET Freight Rail said it had suspended one of two rail lines that transports export iron ore, as well as manganese, from South Africa's Northern...
Base draws on $75m RCF in prudent step as Kwale interruption...
BASE Resources became the latest mining company to draw down on debt in an effort to secure its balance sheet amid COVID-19 uncertainty.
The Australian-listed...
Bushveld Minerals shares hit rock bottom as firm parts ways with...
BUSHVELD Minerals is to part ways with founding CEO Fortune Mojapelo who will be replaced by former De Beers CFO Craig Coltman, the company announced...
B2Gold bullish on 2020 but draws $250m, may review discretionary capital...
B2GOLD was on track to meet production guidance of one million to 1.05 million oz of gold for its 2020 financial year, but said...
Trouble for SA economy as tax-take from miners forecast to halve
THE tax take from South African mining companies was estimated to halve in 2023 at current spot prices compared to 2021 when the country...
Shanta reports improved EBITDA for Q1 but hedge book well out...
SHANTA Gold posted first quarter earnings before interest, tax, depreciation and amortisation (EBITDA) of $15m compared to $8.6m in the previous quarter after adjusting...
Amplats says PGM prices to bottom out this year after sell-off...
ANGLO American Platinum (Amplats) said a major sell-off in platinum group metals (PGM) this year which has seen the dollar basket price fall 29% to...