Exxaro’s Mgojo hopes to convince Anglo to allow SIOC ‘flip-up’
EXXARO Resources is to ask Anglo American whether it can exchange its shares in Sishen Iron Ore Company (SIOC) for a stake in Kumba...
Exxaro may distribute $850m stake in Tronox to shareholders
EXXARO Resources is to exit its 43.66% stake in Tronox, a titanium dioxide and alkali chemicals business, in order to focus on its core...
Platinum deficit to narrow in 2017 but WPIC bullish long-term
THE deficit in the platinum market is forecast to narrow in 2017 to some 120,000 ounces (2016: 270,000 oz), according to the World Platinum...
SA platinum not done enough to remedy cash burn, over-supply
SOUTH African platinum supply would increase by up to 400,000 ounces per year by 2021, said Goldman Sachs in a note which may worry...
RBPlat to issue R1.2bn in bonds amid share price pressure
ROYAL Bafokeng Platinum (RBPlat) is to issue R1.2bn in corporate bonds in order to complete some R3.2bn in finance for the expansion of its...
Anglo prepares for SA disposals transferring Amplats, De Beers
ANGLO American continues to lay the groundwork for the disposal of its South African iron ore and export coal assets despite comments last month...
Cupric Canyon bullish on doubling Khoemacau output
CUPRIC Canyon Capital said its proposed Khoemacau underground copper mine in Botswana's Kalahari Copper Belt could become twice as large as the 50,000 tonnes/year...
Merafe storms back after whirlwind year for ferrochrome
MERAFE Resources paid a four cents per share final dividend and laid in to its net debt following a roller-coaster year for ferrochrome which...
Margin pressure grips SA gold mines as rand stands strong
THE volatility goes on for South Africa’s gold stocks.
After recording fresh 12-month highs mid-way through 2016, shares in the large counters such as...
Lonmin woes deepen as COO resigns for “personal reasons”
LONMIN suffered a body blow today with the departure of its chief operating officer Ben Moolman who has resigned owing to "personal reasons".
"The board...