Sibanye-Stillwater to cut PGM output by up to 60,000 oz/year
SIBANYE-Stillwater is to cut up to 60,000 ounces of annual platinum group metal (PGM) production as part of restructuring plans which were being "wrapped...
Anglo CEO says criticism over Woodsmith “completely logical”
ANGLO American CEO Duncan Wanblad said it was "completely logical" for investors to be concerned about the impact of the group's $4.8bn Woodsmith fertiliser...
De Beers to assess previously explored deposits in Angola
DE Beers has extended its involvement in Angola's diamond sector, saying on Tuesday it had signed an agreement with the southern African country aimed...
‘When it comes to M&A people just shoot in the dark’...
BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...
Exploration sector “feels it” when sovereign risk rears head
REGULATORS and governments should take note: public perceptions count, and investors vote with their feet and cheque books.
Errol Smart, CEO of Orion Minerals, and...
RBM murders linked to “control of procurement”, says MD
THE assassinations of two top executives at titanium producer Richards Bay Minerals (RBM) were linked to "control of procurement issues" and not money due...
Mantashe in no rush to implement new minerals cadastre
SOUTH Africa will not rush the implementation of its new mining cadastre, said Gwede Mantashe, minister of mineral resources and energy who added that...
Minerals Council pins hopes for turnaround on Eskom
THE Minerals Council of South Africa is looking for a stabilisation in the country’s mining industry ahead of a possible turnaround this but it...
Petra capital plans target positive cash flow in 2024/25 financial
PETRA Diamonds would be free cash flow negative in the short-term, especially as the diamond market remained volatile, but a restructure of its capital...
TFR forecasts 48Mt coal deliveries for 2023/24 financial year
TRANSNET last week forecast railed export coal to Richards Bay of 48 million tons (Mt) for the 12 months ended March 31 compared to...