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Sibanye-Stillwater buys up to 3% of own shares for R5bn

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SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today. This was in terms...

Harmony Gold dividend vulnerable – but what choice does SA’s buyer...

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HARMONY Gold CEO Peter Steenkamp acknowledged being "spoiled" by transactions the company had undertaken since 2017: the $306m acquisition of Moab Khotsong and Mponeng,...

Aluminium price surges to 13 year high on bauxite supply fears

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THE price of aluminium broke through $13,000 a ton for the first time in 13 years today owing to supply concerns following a coup...

Mick Davis returns with a plan to spend where mining giants...

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MICK Davis has had a singular career. Firstly, there’s the knighthood, awarded in 2015 for his efforts in Holocaust commemoration and education. Then there’s...

West Africa’s political whirligig won’t keep investment dollars from its gold

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IN 1997, when Randgold Resources listed on the London Stock Exchange, about 2.5% of world gold production was being dug in West Africa, of...

One mighty share issue saved Petra Diamonds. Now CEO Richard Duffy...

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WITH the loan restructuring completed - which reduces Petra’s debt to manageable levels -  and a sustainable recovery hopefully underway in the global diamond...

Sibanye-Stillwater says breakout of uranium price to support “ready to roll”...

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THE price of uranium was due a major breakout in the medium-term - a development that would support Sibanye-Stillwater’s plans to embark on commercial...

Sibanye-Stillwater “seriously considering” making Covid-19 vaccinations mandatory

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SIBANYE-Stillwater was "seriously considering" making Covid-19 vaccinations mandatory on its South African and North American operations. Discovery, the medical scheme administrator company, was the first...

Uranium price jumps to highest level since 2014 after concerted fund...

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THE price of uranium has surged to its highest level since 2014 owing to buying pressure exerted by Sprott Inc, an investment firm that...

SA mining policy must support sector’s desire for new projects, says...

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MINING companies have rehabilitated themselves from the overspend of the previous commodity cycle but it was crucial that the sector begin spending again in...