Home News Markets Page 101

Markets

Criticism rains in on SA Govt’s misguided proposal to tax chrome...

0
A PROPOSED tax intended to incentivise the production of South African ferrochrome would hurt the country's chrome industry, although it sent shares of one...

SA to apply export tax on chrome exports in effort to...

0
SOUTH Africa is to apply an export tax on chrome ore, a development the government said was part of a strategy to support the...

Anglo production rebounds, Amplats moves forecast to upper end of guidance

0
ANGLO American production rebounded in the third quarter after the Covid-19 hit interruptions of the previous three-month period. The stand-out features were Anglo American Platinum...

Small mining firms asked to catch up with industry counterparts on...

0
SMALL mining companies had failed to emulate their larger capitalised counterparts in improving representation of female and Black employees, said Reuters citing comments by...

Bondholders likely to take Zambia to task or risk debt contagion...

0
BONDHOLDERS were likely to put up a fight in order to prevent Zambia's debt-crisis setting a troubling precedent to other debt-holders in sub-Saharan Africa,...

South32 forecast low-end of output guidance for SA coal, reinstates $1.43bn...

0
SOUTH32 forecast thermal coal production from its South African assets at the lower-end of its previously guided 10.5 to 12.5 million tons (Mt) for...

Ramaphosa economic recovery plan light on private sector foreign investment

0
SOUTH African president Cyril Ramaphosa's Reconstruction and Recovery Plan, presented to Parliament on Thursday, did not go far enough articulating how foreign investor interest...

Sibanye-Stillwater says “downstream exposure” will be part of battery metals deal

0
NEAL Froneman put meat on the bones of Sibanye-Stillwater’s plans to enter the battery metals industry, saying a transaction would expose it to the...

Kenmare says capital cost overrun on $106m plant relocation to increase...

0
KENMARE Resources, a ilmenite and zircon producer operating in northern Mozambique, estimated a capital cost overrun of about 17% after relocating plant to a...

Republic of Congo Govt. approves Kore study into proposed $286m DX...

0
KORE Potash has received the go-ahead from the Republic of Congo (RoC) to proceed with a definitive feasibility study (DFS) for its Dougou Extension...