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Exxaro exonerates CEO but orders forensic review – report

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NOMBASA Tsengwa, CEO of Exxaro Resources has been exonerated of wrongdoing by a board investigation amid a string of executive resignations. Business Times on Sunday...

Anglo shares stir as takeover speculation returns

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SHARES in Anglo American rose 3.45% in Johannesburg by mid-afternoon on Friday outperforming peers Glencore as well as BHP – the company connected with...

Glencore-Merafe Chrome JV strikes deal on R2.1bn solar plant

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GLENCORE and its joint venture partner Merafe Resources have agreed a deal with Pele Green Energy to build a R2.1bn utility-scale renewable energy plant,...

Southern Palladium goes north in search of money

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ROGER Baxter, former CEO of the Minerals Council South Africa, is recently back from meeting North American investors to whom he’s been extolling the...

Target kingpins behind illegal mining, says Froneman

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NEAL Froneman, CEO of Sibanye-Stillwater said law enforcement authorities should target crime kingpins if they want to stamp out illegal gold mining. Froneman, who is...

Tharisa calls for patience as seeks “alternative” funding for Karo

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THARISA posted flat full year earnings thanks to a strong chrome price, and record production in the metal, helping to offset a 28% decline...

Platinum Group signs MoU to build refinery in Saudi Arabia

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PLATINUM Group Metals, a Canadian company studying the development of the Waterberg Project in Limpopo province, has signed a memorandum of understanding with Saudi...

Tharisa to rerate when it solves funding for Zimbabwe project

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THARISA has been largely ignored by the market, which is hunting for the best exposure to platinum group metals (PGMs) now that the metal...

Court dismisses Tanzania lawsuit against Barrick Gold

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ONTARIO'S Superior Court on Tuesday dismissed a case against Barrick Gold brought by Tanzanian residents on security incidents in the country, as the courts...

Anglo raises R9.6bn in second Amplats bookbuild

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ANGLO American said on Wednesday it had sold 17.5 milliion shares in Anglo American Platinum (Amplats) in an accelerated bookbuild, raising R9.6bn. Shares in the...