Amplats shuts Mortimer smelter as 3,700 jobs cut
ANGLO American Platinum (Amplats) said on Monday it had cut R4.9bn in costs for the six months ended June affecting 3,700 jobs and shut...
Orion’s Smart says project funding key after share price grilling
ORION Mineral shares would start to perform once the company had completed the bankable feasibility studies for its Prieska and Okiep mines, and it...
Is palladium showing signs of life after rise in lease rates?
THE lease rate for palladium — the cost of lending the metal for futures trading — has risen recently. RMB Morgan Stanley analysts caution...
UK-listed Spac aims to roll up copper miners in Africa, S....
A MINING group led by a former executive at Russia’s largest aluminium company is seeking to buy copper miners in Africa and South America,...
Centamin to lodge mining licence for Doropo following DFS
CENTAMIN, the UK-listed gold miner, will lodge an application to mine Doropo, its proposed $373m project in Ivory Coast following completion of a definitive...
Kumba guidance threatened as on-mine stocks grow 0.9Mt
STOCKS of iron ore increased nearly one million tons at Kumba Iron Ore mines in the first six months of this year as state-owned...
De Beers to cut output again as diamond prices flatline
ANGLO American said its 85%-owned De Beers may cut diamond production further owing to a deterioration in second quarter market conditions.
"Trading conditions became more...
Amplats deaths take gloss off improved Amandelbult
ANGLO American Platinum (Amplats) will post a hefty decline in earnings for the first half of its financial year despite increasing sales.
It also announced...
Goviex may seek damages claim against Niger junta
GOVIEX may seek damages as it looks to legal measures following the cancellation of a mining permit for Madaouela, an uranium deposit in Niger.
The...
Gold propels Harmony to double value of Sibanye-Stillwater
THE price of gold hit a fresh all-time high on Wednesday amid comments by the Federal Reserve it was getting closer to a possible...