Kenmare MD announces plans to step down in August
KENMARE Resources' founding MD Michael Carvill is to step down from the company in August ending neary 40 years with the mineral sands miner.
"As...
Glencore should keep its coal mines, says shareholder
ONE of Glencore's investors have asked the miner to retain its coal mines rather than spin them out as they were "world class assets",...
Exxaro pays special dividend while M&A search goes on
EXXARO Resources on Thursday said it would pay a special dividend taking the final payout for its 2023 financial year ended December to R15.82...
Modest lift in De Beers’ sales as gradual recovery begins
DE Beers reported a modest increase in rough diamond sales for the second sales cycle of its financial year which CEO Al Cook said...
SA Revenue Service closing in on gold smuggling – report
SOUTH African gold refiner Rappa Resources has been ordered to hand over documents to the country's revenue service regarding a potential R4bn tax liability.
According...
Some gold miners not yet cashing in on record metal price
THE gold price has gained a fifth since the start of the year but the companies that mine that metal are not getting recognition,...
ARM weighs reopening of ‘low carbon’ Nkomati Nickel
AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with "an integrated end-user".
The mine, situated...
Drought forces cut in copper output at Zambia’s Chambishi
POWER shortages in Zambia have forced a one-fifth cut in copper production at the Chambishi facilities of Nonferrous Metal Mining Corp. (CNMC), said Reuters...
Blyvoor Gold announces plans to list on Nasdaq
PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...
Sibanye-Stillwater says US lithium project will fly without IRA
SIBANYE-Stillwater's proposed Rhyolite Ridge lithium project in the US will fly even if it fails to qualify for benefits in terms of the country's...