De Beers to overhaul business after Covid-19 throws spotlight on fundamental...
DE BEERS intends to overhaul its entire business in order to safeguard its short-term prospects - a development that may involve jobs cuts, said...
Mantashe released from hospital but to rest for seven days following...
SOUTH African mines minister, Gwede Mantashe, has been released from hospital where he was treated for Covid-19 disease, said EyeWitness News.
Citing Cabinet spokesperson, Phumla Williams,...
Amplats buoyed by 80% lift in rand PGM prices, says metals...
ANGLO American Platinum (Amplats) paid an interim dividend of R10,23 per share (R2.8bn) and said the market for its major platinum group metals (PGMs)...
Golden Star frees up deal potential after agreeing to sell Prestea...
GOLDEN Star Resources has agreed to sell its troublesome Prestea mine in Ghana to Future Global Resources (FGR) which will take on the mine's...
AngloGold Ashanti to register huge interim earnings lift as gold edges...
AN increase in the gold price of more than 25% is forecast to help AngloGold Ashanti to a strong year-on-year interim headline earnings lift.
The...
Teranga says Massawa project to deliver 40% lift in gold output,...
TERANGA Gold said the development of its Massawa-Sabodala project in Senegal would take total company production to more than 500,000 ounces of gold a...
So far, so slow for Eskom’s De Ruyter as progress remains...
The devastating impact of South Africa’s COVID-19 lockdown on economic activity has given Eskom the opportunity to make headway with critical maintenance at its...
SA emissions improving but Eskom, Sasol are worrisome outliers
In the next few months, broad discussions will begin on revising the greenhouse gas emissions (GHG) limits to which South Africa was committed –...
Note to Eskom: Mind the death spiral
ESKOM is likely to need another bailout from South Africa’s government next year as the impact of the country’s COVID-19 lockdown on the...
Mobius to continue buying gold as market uncertainty, distress continues to...
MARK Mobius, co-founder and partner at Mobius Capital Partners, has recommended continued buying of gold as trade tensions between the US and China show...