Eskom reports “significant amounts of coal” stolen en route to power...
THE latest in the litany of woes besetting Eskom is the utility has discovered that "significant" amounts of coal are being stolen from the...
Sylvania Platinum ends year $100m in cash despite rhodium correction hitting...
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...
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...
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
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...
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...
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...
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...
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
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...