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Sylvania Platinum ends year $100m in cash despite rhodium correction hitting...

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SYLVANIA Platinum said today a correction in the rhodium price led to a reduction in its fourth quarter profit to $14.7m compared to $41.3m...

Kumba “registered interest” in taking stake in Transnet, says CEO Themba...

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KUMBA Iron Ore has registered an interest in taking a stake in Transnet, South Africa's government-owned freight and logistics company. "Transnet is obviously looking at...

SA coal price recovery to continue as Asia demand reminds world...

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THE international thermal coal market is staging a major recovery pushing prices to around $130/t free on board (fob) out of Richards Bay as...

Glencore condemns former employee who pleaded guilty to oil contract bribery

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GLENCORE condemned the conduct of a former employee who pleaded guilty on Monday of having bribed officials in Nigeria in exchange for favourable contracts...

Kumba pays out 100% of record earnings but says runaway iron...

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KUMBA Iron Ore announced an R72.70 interim dividend representing 100% of record earnings on the back of exceptional iron ore prices and despite logistical...

Merafe returns to profitability in 2021 despite reporting low rail utilisation...

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MERAFE Resources returned to profitability in 2021 as it recovered from last year's production downtime caused by Covid-19 lockdowns. The ferrochrome producer said in a...

Rhodium deficit set to “to again” in 2022 as automakers accelerate...

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THE deficit in the rhodium price which has seen the metal cruise to an all-time record level of about $30,000 per ounce this year...

Egypt’s Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused...

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GOLD bull Naguib Sawiris, the Egyptian entrepreneur who helped bankroll Endeavour Mining, announced today the creation of a fund primarily pointed towards the development...

Amplats to delight shareholders with 100% payout of record interim earnings

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ANGLO American Platinum (Amplats) is to pay an R175 per share interim dividend equal to 100% of the record interim headline earnings announced today. Headline...

Copper’s investment case may benefit further from shift in South American...

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THE growing popularity of left-leaning politics in South America could have a positive impact on the price of copper as miners hesitate over expansions,...