Botswana pins hopes on diamond sector recovery
BOTSWANA is pinning hopes for a recovery in the economy on the diamond sector, according to a report by Reuters.
It cited Botswana finance minister...
Implats stabilises Styldrift but metal prices to hit earnings
IMPALA Platinum (Implats) said on Tuesday headline share earnings would be 40% to 49% weaker for the six months ended December.
The rand value of...
Pan African hit with R320m opportunity cost on runaway gold
PAN African Resources is to report a decrease in interim headline share earnings owing to less gold sold in the six months, although production...
Glencore says closure of ferroalloy furnaces can be avoided
GLENCORE executive Japie Fullard said his company and joint venture partner Merafe Resources would seek a deal with the South African government in an...
Botswana leaned on Lucara to renew diamond deal
BOTSWANA may have had a lot to do with Lucara Diamond's decision to renew a marketing agreement with marketer HB Group despite finding the...
Northam’s Dunne to lead Minerals Council until May
SOUTH Africa's Minerals Council said Paul Dunne would continue as caretaker president until the organisation's annual general meeting in May.
This follows the resignation of...
Exxaro CEO resigns citing biased investigation
THE suspended CEO of South African coal producer Exxaro Resources resigned over the handling of a probe into allegations over her conduct, according to...
Gold Fields can put 2024 behind it thanks to buoyant bullion
GOLD'S historic price gains last year and a strong operational recovery in the fourth quarter gave Gold Fields' 2024 financial year a positive blush.
The...
De Beers slashes rough diamond output for 2025
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial...
Amplats hit by lower prices, write-down & demerger costs
ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is expected to be completed by mid-year.
The...