Kumba studies ‘step-out’ growth plan as iron ore market shifts
ANGLO American listed subsidiary Kumba Iron Ore set down plans for a more outward looking "step-out" strategy partly aimed at replacing diminishing reserves at...
SA mines solid for Harmony, but firm warns against rand strength
HARMONY Gold turned in a strong operating performance in the first six months of its 2018 financial year lifting production 6% from its South...
SA miners turn spotlight on Zimbabwe, but caution still rules
THE replacement of Zimbabwe president Robert Mugabe with his party rival Emmerson Mnangagwa seems to have resuscitated the interest of several South African mining...
Acacia shares dented again as it embarks on ‘step-down’ gold plan
ACACIA Mining has its work cut out after telling investors today it would produce up to 43% less gold in its 2018 financial year...
Ekurhuleni power dispute won’t impinge on DRDGold payout plans
DRDGOLD said a decision to pay R126m amid a legal dispute with a local municipality regarding electricity tariffs would not affect its intention to pay...
Ben’s bet only delayed inevitable Sibanye-Stillwater bid for Lonmin
IT looks as if Lonmin CEO, Ben Magara, saw the writing on the wall roughly three-quarters through 2017. Faced with the prospect that the...
Harebottle wants Kropz to become the ‘Glencore of phosphates’
"I DON’T hold any grudges. You’ve just got to shake hands and move on." So said Ian Harebottle who is serving the last weeks...
Gold Fields impairs South Deep R3.5bn as fails to meet redesign
A BELOW forecast gold price and a slower ramp up of production at South Deep negatively affected Gold Fields' profits for its 2017 financial...
Base Resources targets mid-tier mineral sands status
TIM Carstens, MD of Base Resources, said the company wouldn't just "bury its head in Toliara", its newly acquired ilmenite-rich Madagascar project, as it...
Suffering miners near journey’s end as R9bn payout beckons
SIX years after first bringing a class action against gold mining companies, former miners suffering from occupational lung diseases, such as silicosis and tuberculosis,...