Markets

Zimbabwe mining sector facing $10bn funding shortfall in next five years

ZIMBABWE'S mining sector faced a funding shortfall of $10bn over the next five years, said Bloomberg News citing estimates by the country's Chamber of...

Anglo’s outgoing CEO Mark Cutifani won’t rule out working for a...

MARK Cutifani, the outgoing CEO of Anglo American, said he would not discount working one day for a rival of the UK group as...

Minerals Council SA bids adieu to central Johannesburg

THE Minerals Council South Africa has bid farewell to central Johannesburg. The 132-year old institution, known formerly as the Chamber of Mines, relocated its headquarters...

Zambia plans to limit mining licences firms can hold at a...

ZAMBIA will limit the number of mining licences a mining company can hold at one time in order to curb speculation and promote investment,...

Buoyant Kenmare warns Ukraine disruption could have mixed results for heavy...

KENMARE Resources is to pay a 25.42 US cents per share final dividend taking the total payout for its 2021 financial year to 32.71c/share,...

Master Drilling defers dividend until disruption caused by Ukraine invasion plays...

BUSINESS is booming for contract raise boring and drilling group Master Drilling but management continues to take a cautious outlook despite predicting a "bull...

Rio Tinto lifts force majeure on RBM contracts as mine emerges...

THE force majeure on customer contracts at Richards Bay Minerals (RBM) had been lifted following the suspension of operations last year amid violent protests. "This...

Phosphate rock miner Kropz a standout performer for ARC in 2021

KROPZ was a standout performer in the portfolio of African Rainbow Capital (ARC), the private equity fund founded by mining magnate, Patrice Motsepe. The phosphate...

SA mining firms say options limited to export into European supply...

SOUTH African mining firms said production and logistical constraints would make it difficult to supply metals and minerals that might be disrupted owing to...

Fears grow cost inflation will dampen SA mining sector’s stellar returns

WINDFALL profits from the mining industry last year helped take some of the sting out of South Africa's parlous national finances. The country's 2.8%...