Markets

SA fails to process any of 2,525 mining permits for 23/24

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THE backlog of mining permits in South Africa has worsened as some 2,525 new applications submitted in the government's financial year ended February 29...

Woodsmith deal would feed Anglo share price recovery

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ANGLO American's share price took a major mauling in 2023, especially in the fourth quarter after a year-end investor update in which it warned...

Kenmare approves upgrade of plant to access 20-year Nataka resource

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KENMARE Resources has approved the upgrade of a wet concentrator plant and tailings storage facility at its Moma titanium minerals mine in Mozambique. The WCP...

Base targets rare earth monazite from Toliara for $71m

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BASE Resources plans to produce monazite, a rare earth, from its proposed Toliara mineral sands project in Madagascar at an additional capital cost of...

SA Govt’s plan to unleash army on illegal mining is doomed

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SIBANYE-Stillwater’s Neal Froneman has more reason than most to want crime and corruption in the mining sector tackled. The precious metals miner, of which...

Has the music stopped for Sibanye-Stillwater?

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A MEMORABLE commentary by the ex-CFO of former miner Royal Bafokeng Platinum graphically described in 2021 how the platinum group metals (PGM) market felt...

Glencore in bid for Anglo? Entertaining, but unlikely

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ANGLO American CEO Duncan Wanblad received a grilling last week at the firm's investor update with more than one analyst wanting to know if...

Anglo update was downbeat with copper cuts, diamond losses

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DE BEERS would be lossmaking during the second half of the 2023 financial year ended December 31 after closing its two final cycles with...

Anglo to cut production guidance across suite of minerals – report

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ANGLO American is expected to cut production guidance for iron ore, copper, metallurgical coal and diamonds when it presents an investor update on Friday. There...

First survivor pulled from collapsed mine in Zambia

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THE first survivor of a landslide that inundated an open pit copper mine in Zambia has been  rescued, said Reuters. The rescue team also retrieved...