Petra Diamonds warns rand strength a “major headwind”
PETRA Diamonds continues to leak cash as "subdued" market prices were made worse by a strengthening of the rand against the dollar - identified...
Northam Platinum to pay record R2.8bn interim dividend
NORTHAM Platinum declared a record R2.8bn interim dividend following a strong recovery in headline earnings for the six months to end-December.
The year-on-year improvement was...
Cockerill’s 20-bagger: why discovery gives Endeavour edge
"IN an earlier life I must have been a fireman because instead of displaying rational behaviour in situations like this and running away, I...
Waste not, want not: DRDGold’s R2.7bn bonanza
IT'S fair to say that almost no-one saw DRDGold as a multibillion-rand-market-cap miner over a decade ago. Back in 2015, at R2.45 a share,...
Lithium price soars following Zimbabwe ban
CHINA'S lithium price surged on Thursday after Zimbabwe suspended all raw mineral exports, stoking fears of supply disruptions at a time when rising energy...
SA mining baffled as Godongwana fails to address energy tariffs
SOUTH Africa's Minerals Council said Government's budget statement on Wednesday was a missed opportunity to address the energy crisis facing the mining sector.
"The mining...
Valterra Platinum owed $100m by Zimbabwe
SOUTH Africa's Valterra Platinum is owed $100m in unpaid export proceeds by Zimbabwe's government even as Harare has begun making partial payments to clear...
Zambia to build ‘rainy day’ fund while metals surge
ZAMBIA will use bumper mining revenues to establish a stabilisation fund in order to protect its budget against a retreat in copper prices, said...
Zimbabwe halts all raw mineral and lithium concentrate exports
ZIMBABWE has imposed an immediate ban on exports of all raw minerals and lithium concentrates, said Reuters citing a mines ministry announcement on Wednesday.
Reuters...
Valterra spritzes up maiden year with R5.3bn special dividend
VALTERRA Platinum is to pay shareholders a special dividend of R5.3bn – R20 per share – taking its final dividend for the 2025 financial...