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Sibanye-Stillwater may deepen cuts after slashing costs R6.6bn

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SIBANYE-Stillwater will consider additional restructuring of its operations after outlining on Tuesday R6.6bn in capital expenditure cuts in the last 12 months amid plungeing...

Exxaro may return to SA coal projects if it fails to...

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EXXARO Resources could develop more of its coal resources in the event it failed to find assets for diversification. The coal miner has been looking...

Merafe guides to full year basic earnings of up to 34%...

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MERAFE Resources, the Johannesburg-listed ferrochrome producer said in a trading statement on Monday basic earnings for the year ended December 31 would be higher...

Goviex starts lender due diligence for Madadouela project

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URANIUM development company Goviex said on Monday it had started lender due diligence for its Madaouela project in Niger. SLR Consulting would act on...

Marula Mining to buy control of Kenyan manganese mine

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UK-listed junior miner Marula Mining has agreed to buy control of Kenya's Larisoro Manganese Mine following an initial term sheet agreement with the mine's...

‘A very bloody picture’. Why Northam is downbeat on PGMs

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TWO years ago things were looking so good for the platinum sector that Impala Platinum (Implats) and Northam Platinum got into a corporate brawl...

Northam warns PGM price slump could last for two years

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NORTHAM Platinum has forecast an extended slump in platinum group metal (PGM) prices of up to two years placing "significant pressure on earnings and...

Implats may ask unions, Govt. to consider Bafokeng restructure

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IMPALA Platinum (Implats) may backtrack on an agreement with unions and the department of trade and industry not to restructure shafts bought in last...

Sibanye-Stillwater to call for calm as funding fears circulate

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IF platinum group metal (PGM) prices stay at their current levels this year, one bleak forecast says, Sibanye-Stillwater will break its lender covenants. To...

Project finance secured for Envusa’s 520MW solar, wind projects

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ENVUSA Energy, a joint venture between Anglo American and EDF Renewables, a unit of France's EDF Group, has completed financing of three solar and...