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Signs that platinum market has bottomed

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There are signs that the platinum market may have put the worst behind it, according to analysts and market commentators.

SA miners flat-footed on mine closures

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South Africa's mining industry has been able to adapt in all areas except in the issue of mine closure certificates, experts said.

Holland calls time on labour-intensive mining

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Nick Holland, CEO of Gold Fields, said mining companies in South African had to transform to mechanised mining methods in less than ten years.

Sibanye trims gold forecast for 2015

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Sibanye Gold said operations had improved during the year after earlier disruptions, but it was nonetheless unable to avoid a cut in total production.

Transnet to double in R380bn capital spend plan

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South Africa's state-owned transport and logistics company, Transnet, would take total expansionary spend to half a trillion rands in ten years' time.

Kumba unlikely to reinstate dividend

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Kumba Iron Ore was unlikely to pay dividends with cash flow generation a major struggle throughout 2016, said Goldman Sachs.

Shanta upbeat on gold production lift

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Shanta Gold, said it was confident of taking gold production to 85,000 ounces/year over the next five years whilst it sought new exploration targets.

Eastern Platinum sale may be at risk

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An apparent bust-up between shareholders in Chinese group Hebei Zhongbo Platinum has thrown a question mark over the purchase of Eastern Platinum.

De Beers cuts 2015 production forecast again

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De Beers chopped diamond production sharply in the third quarter and has dropped its total production forecast for 2015 to 29 million carats.

South32 cuts SA aluminium output

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South32 has cut back on aluminium production as well as ferromanganese output as it focusses on improving its financial performance.