ARM chases down chrome revenue as PGMs fade
AFRICAN Rainbow Minerals (ARM) is accelerating plans to move into copper and chrome production after a major correction in platinum group metals (PGM) and...
ARM’s earnings drop 43% after PGM strategy backfires
AFRICAN Rainbow Minerals has reported a 43% drop in headline earnings for the year to June as the downturn in the platinum group metals...
Perseus increases stake in Predictive Discovery to 19.9%
PERSEUS Mining today increased its stake in Predictive Discovery to 19.9% after buying a 13.82% foothold in the company last month.
However, Perseus said a...
Harmony says Free State surface gold could be mined for 100...
HARMONY Gold will complete studies into a tailings project in South Africa's Free State province this year that could ensure gold production from the...
BME’s innovations drive ESG
BME, a division of JSE-listed Omnia, has cemented its position in South Africa and globally through a relentless focus over 40 years on innovation,...
All systems go for Arc’s Zambia copper JV with Anglo
Base metals exploration development company Arc Minerals says its copper JV with Anglo American in Zambia remains firmly on track.
Anglo in May rebuffed an...
Pan African says full year earnings to be 25-35% higher
THE improvement in the gold price and higher gold sales will help Pan African Resources to a 25% to 35% earnings improvement for the...
Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
Goldman Sachs slashes copper price outlook for 2025
AN expected rally in copper prices would not materialise in 2025, said the Financial Times citing a report on the metal's prospects by US...
Resolute bolsters balance sheet with $140m in senior debt
RESOLUTE Mining has raised $60m in debt boosting its plans to expand gold production in West Africa where it currently operates two mines.
Senior debt...