Coal boss says world should allow SA to conduct energy transition...
SOUTH Africa ought to be given the same energy transition Europe allowed itself, said Mxolisi Mgojo, outgoing CEO of Exxaro Resources.
Speaking at the Financial...
Union claims Sibanye-Stillwater is “preparing for a strike” at its SA...
SOUTH African union Solidarity said Sibanye-Stillwater was spending more time preparing for a strike at its gold operations than trying to reach a new...
Metal price correction puts pay to supercycle as Covid-19 demand impulse...
MINERAL price behaviour of the past two months indicated the commodity markets were beginning to cool and putting a damper on hopes of a...
Lucapa adjusts 2021 EBITDA higher on improved diamond market, revised Lulo...
LUCAPA Diamond Company said earnings before interest, tax, depreciation and amortisation (EBITDA) for the 2021 calendar year would come in between A$26m and A$28m...
South32 agrees to pay A$2.05bn for stake in Chile copper mine
SOUTH32 is to buy a 45% stake in the Sierra Gorda copper mine in Chile after agreeing to pay A$2.05bn - its biggest transaction...
Anglo considering supplying SA with hydro power using water from flooded...
ANGLO American is considering pumping underground water from flooded mines to use in hydro electric power installations in South Africa.
This is one of several...
Caledonia Mining narrows 2021 production guidance after strong third quarter
CALEDONIA Mining Corporation narrowed full year guidance for 2021 to the top end of 65,000 to 67,000 ounce guidance following a strong third quarter.
Production...
Investors stunned by SA Govt’s plan to have Council for Geosciences...
SOUTH Africa's current account is expected to remain in surplus in 2022 - news that will warm the heart of finance minister, Enoch Godongwana...
Laudable, lofty, but is Exxaro’s breakout growth plan risking ten years...
THE last time Exxaro Resources publicised a shift in strategy it provided so little detail that investors heavily sold the firm’s shares. That was...
Tharisa ends year in strong cash positive territory, targets new production...
THARISA targeted a second successive year of record metal output which would be supported by continued strength in platinum group metal (PGM) demand despite...