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SA business welcomes Phillips as Transnet CEO

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SOUTH Africa's business community welcomed the appointment of Michelle Phillips as Transnet CEO saying it would help maintain momentum as the ports and rail...

Implats to cut projects, reposition mines amid “anaemic” outlook

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IMPALA Platinum (Implats) has unveiled a group-wide restructuring plan in which it may cut as much as 14% of platinum group metal (PGM) production...

Harmony scans SA for uranium as targets lift in fuel’s output

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HARMONY Gold is looking at increasing uranium production through third party supply and by improving the capacity of its processing facilities. "There are quite a...

Harmony Gold to spend R7.9bn extending Mponeng to 2044

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HARMONY Gold on Wednesday announced the R7.9bn extension of Mponeng which will keep the mine, located west of Johannesburg, operating until at least 2044. Commenting...

West African Resources lifts 10-year gold output forecast

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WEST African Resources increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in...

Anglo delivers last of 10 Capesize+ vessels fuelled with LNG

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ANGLO American said it had delivered the last of 10 cargo ships powered with liquefied natural gas after the Ubuntu Liberty completed its maiden...

Sibanye-Stillwater says Indonesia’s “dirty nickel” will attact tariffs

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MINERS of low carbon metals would be protected from the kind of supply shocks currently being seen in the nickel industry, said Sibanye-Stillwater CEO,...

Anglo’s Wanblad cautious about pace of change at Transnet

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ANGLO American CEO Duncan Wanblad welcomed recent steps by the South African government to introduce private sector participation in the country's rail network, but...

Thungela starts rehabilitation of damaged river system

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THUNGELA Resources has begun years-long work aimed at repopulating a river system with fish that was severly damaged as a result of a spill...

Sibanye-Stillwater cuts gold reserves as rand price hits record

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SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months. This comes as...