Home News Page 237

News

SA coal investor rides to the rescue of Bushveld Minerals

0
EVER since Anglo American closed the doors on its once-mighty Highveld Steel & Vanadium in 2007, investors have tried and failed to make a...

Glencore targets $1bn in earnings from urban mines by 2030

0
SINCE his appointment as CEO in 2021, Glencore boss Gary Nagle has nailed his colours to a mast of culture improvement and mergers &...

SA starts talks with World Bank over $1bn loan for Eskom,...

0
SOUTH Africa has opened discussions with the World Bank over a $1bn loan to help upgrade power and logistics infrastructure, said BusinessLive. The "discussions about...

Nuclear to play a role in SA’s future energy mix –...

0
NUCLEAR fuel would have a role in South Africa's future energy mix, said News24 citing comments by the country's president Cyril Ramaphosa. "Our energy is...

Exxaro not cutting jobs but coal sector at risk unless TFR...

0
EXXARO Resources did not expect to cut coal production despite another poor year of export deliveries by Transnet Freight Rail (TFR). Nombasa Tsengwa, CEO of...

Centamin lifts Sukari’s life of mine gold output

0
CENTAMIN today published a new mine plan for its Sukari gold mine in Egypt in which production would average 506,000 ounces a year for...

How the mining industry can kickstart gender diversity

0
"IT'S a man’s world." James Brown sang the lyric that for decades has been repurposed to describe the global mining industry. But what is so...

Amplats CEO says metal prices to recover 15% to 20%

0
PLATINUM group metals (PGM) would recover 15% to 20% their current price levels as "some of the floor" in the basket price had been...

Northam Platinum best placed to withstand current PGM down cycle

0
NORTHAM Platinum will be able to "withstand the current down cycle better than many of its larger peers", said credit rating agency GCR Ratings. Citing...

Mantashe says executive exodus is “mice running from methane”

0
SOUTH African mines and energy minister Gwede Mantashe resorted to mining analogy to comment on recent executive and non-executive departures at Transnet and Eskom. In...