Glencore partner Merafe in R1.34bn write-down as JV partners cut 1,000...
MERAFE Resources booked an impairment of R1.34bn in the first six months of its 2020 financial year owing to Covid-19 related production stoppages. Production...
ARM to call in external forensics if bean counters can’t crack...
THERE'S serious head-scratching underway in the finance division of African Rainbow Minerals, the Johannesburg-listed diversified miner.
The company is in the final throes of an...
Holding cash for projects may be risky business for ARM as...
THERE was a ripple of disquiet among analysts last week when Patrice Motsepe, executive chairman of African Rainbow Minerals (ARM), defended his company’s dividend...
Draft tax amendments disturb narrative SA Govt. will lend kindly ear...
SOUTH AFRICAN mining has recently suggested there’s grounds for hope Government will respond positively to reform proposals placed before it by Business Leadership SA's...
SA will escape power crisis when Medupi, Kusile come on-line: David...
SOUTH Africa's electricity supply deficit woes would soon be ameliorated, said BusinessLive citing the views of the country's deputy president, David Mabuza.
Responding to questions...
SA mining through worst of Covid-19 production halts as precious metals...
SIBANYE-Stillwater, the gold and platinum producer, said earlier this month it didn’t expect a high risk of further operational disruption as a result of...
ARM writes down coal assets for R1.6bn, pays cautious final dividend...
AFRICAN Rainbow Minerals (ARM) impaired its thermal coal assets by R1.6bn owing to "the sharp decline" in export prices and lower sales volumes, the...
Merafe says impairments could take interim basic earnings loss to 39c/share
MERAFE Resources, the Johannesburg-listed ferrochrome producer that postponed its interim results until September whilst it absorbed the impact of impairment charges, said in a...
Minerals Council calls on Ramaphosa to enable prosecuting authorities to end...
THE Minerals Council South Africa said a call by the country's president, Cyril Ramaphosa, to clean up corruption in the ruling ANC was only...
Salt of the earth: how the world’s miners clocked the benefits...
The Danakil Depression in Eritrea is as inhospitable a location as it’s possible to find. It is hot, temperatures soar to 50 degrees Celsius,...