Sibanye-Stillwater hauls in capex R550m in defence against rand
SIBANYE-Stillwater fought against the effects of the improved rand/dollar exchange rate in the March quarter thanks largely to the first fruits of an operational...
Pan African to cut 1,700 jobs as rand gains claim scalp...
THE strengthening of the rand against the dollar which has taken a large portion of South Africa's precious metals industry into loss-making territory, claimed...
Harmony output target nudged a tad as Moab integration begins
THE inclusion of production from the recently acquired Moab Khotsong would take Harmony Gold's gold output in its 2018 financial year to 1.18 million...
Vedanta to study $800m zinc smelter project in South Africa
VEDANTA is considering spending a further $700m to $800m developing South Africa's zinc industry following an announcement it was investigating building a refinery at...
Afritin takes its place as capital discovers appetite for exploration
THE mobile rings during an interview with Anthony Viljoen, CEO of Afritin Minerals. I tell him he can take it. "Don’t worry," he responds:...
DRDGold, Sibanye-Stillwater benefit most from Charter ruling
ONE of the companies to have benefited most from a recent High Court ruling on the principle of 'once-empowerment, always-empowered' is DRDGold followed by...
Hummingbird targets 115,000oz of gold from Yanfolila in 2018
London-listed Hummingbird Resources has declared its Yanfolila mine in Mali to be in full commercial production from April 1 and has put production guidance...
Dan Gertler “freezes” Glencore’s Kamoto mine and sues for $2.9bn
Legal warfare has erupted in the Democratic Republic of Congo (DRC) between Glencore and Israeli entrepreneur Dan Gertler who is claiming a total...
Diamond market softens after robust first quarter sales
Sentiment in the diamond market is “softening as trading has started to slow ahead of summer” after restocking during March resulted in healthy diamond...
Vanadium producer Bushveld Minerals blasts off
The share price of Bushveld Minerals - the London-listed junior miner which operates the Vametco vanadium mine in South Africa - has more...