Political dysfunction to further weaken SA’s economy: Moody’s
POLITICAL dysfunction and a gradual weakening of institutional health would undermine the South African economy, said credit ratings agency, Moody's, which said both factors...
ARM, Vale to sell JV shares in $400m Lubambe mine for...
JOHANNESBURG-listed African Rainbow Minerals (ARM) and Vale, the Brazilian state-owned company, are to sell their joint venture stake in Zambia's Lubambe Copper Mine to...
Will Muller take the plunge and cut Implats’ loss-making platinum?
IT will be interesting to see how Nico Muller opens his account at Impala Platinum (Implats), the company of which he was appointed CEO...
Kropz ices controversial Langebaan phosphate project
KROPZ, a private company aiming to establish a 1.5 million tonne per year phosphate fertiliser plant in the Western Cape, has suspended development of...
Harmony to impair R1.7bn in life of mine gold resources
HARMONY Gold is to write-down R1.7bn in gold reserves and resources when it unveils its full-year results ended June 30, the company said in...
Political tensions give precious metal miners pressure respite
POLITICAL ructions globally and domestically have provided respite to South Africa's precious metal producers which unveiled some 21,000 in potential job losses in June...
RBPlat could offer up to R2bn for PTM’s Maseve mine
ROYAL Bafokeng Platinum (RBPlat) could offer up to R2bn for Platinum Group Metals' (PTM's) Maseve mine, a development that may eventually require another capital...
Ivan the trader doesn’t dream about building mines
IT'S probably just coincidence and most likely doesn't stand for very much, but I thought it's interesting Glencore's board consists largely of accountants. There...
The day Anglo’s Cutifani proved his detractors wrong
AT one point during Anglo American’s interim results presentation last month, a question posed by the audience called for interaction between three of the...
Glencore thrives amid “best commodity market in six years”
GLENCORE delivered as widely expected for the six months ended June 30 declaring a $500m dividend after hauling in net debt a further $1.6bn...