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Uganda is the latest African nation to target gold purchases

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UGANDA is the latest African nation to turn to gold to back up its currency after it set out plans for domestic purchases of...

UN says IRH Mining dealmaker met with gold smugglers

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THE chief strategist of United Arab Emirates firm IRH Mining, which recently outbid Sibanye-Stillwater for control of Zambia's Mopani Copper, had dealings with gold...

BHP to shut Aussie nickel assets as impairments rise to $3.8bn

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BHP is to suspend its Australian nickel production until 2027 at least, saying it was unable to "ovecome the substantial economic challenges" of global...

Sibanye-Stillwater says global systems downed by cyber attack

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SIBANYE-Stillwater said its global IT systems had been affected by a cyber attack but that production had been unaffected. "We are bringing the systems back...

Alphamin shares up as Bisie expansion delivers Q2 tin boost

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SHARES in tin miner Alphamin increased 4% in Toronto on Wednesday after the company announced impressive second quarter production boosted by expansion. Contained tin produced...

PGM market through the worst, says Tharisa CEO

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THE platinum group metal (PGM) market had seen the worst of an 18-month price correction, said Tharisa CEO Phoevos Pouroulis in a third quarter update. "PGM...

Sibanye-Stillwater CEO says firm prepared to mothball US mine

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SIBANYE-Stillwater CEO Neal Froneman said the company was prepared to put its Stillwater mine in the US on care and maintenance as palladium prices...

Ramokgopa to speed shift from coal to renewables

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SOUTH Africa's new energy minister promised to accelerate the shift to renewable energy from coal, breaking with predecessor Gwede Mantashe who opposed swift decarbonision...

Pro-business GNU could help SA platinum sector – WPIC

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SOUTH Africa's newly instituted Government of National Unity could help the platinum group metals (PGMs) industry to respond quicker to market cycles, said BusinessLive...

If gold’s rise is here to stay why are its biggest...

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SHARES in Gold Fields have traded disappointingly so far this year, up barely 5% and only 13% higher in the past 12 months against...