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Sibanye-Stillwater says global systems downed by cyber attack

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SIBANYE-Stillwater said its global IT systems had been affected by a cyber attack but that production had been unaffected. "We are bringing the systems back...

Alphamin shares up as Bisie expansion delivers Q2 tin boost

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SHARES in tin miner Alphamin increased 4% in Toronto on Wednesday after the company announced impressive second quarter production boosted by expansion. Contained tin produced...

PGM market through the worst, says Tharisa CEO

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THE platinum group metal (PGM) market had seen the worst of an 18-month price correction, said Tharisa CEO Phoevos Pouroulis in a third quarter update. "PGM...

Sibanye-Stillwater CEO says firm prepared to mothball US mine

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SIBANYE-Stillwater CEO Neal Froneman said the company was prepared to put its Stillwater mine in the US on care and maintenance as palladium prices...

Ramokgopa to speed shift from coal to renewables

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SOUTH Africa's new energy minister promised to accelerate the shift to renewable energy from coal, breaking with predecessor Gwede Mantashe who opposed swift decarbonision...

Pro-business GNU could help SA platinum sector – WPIC

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SOUTH Africa's newly instituted Government of National Unity could help the platinum group metals (PGMs) industry to respond quicker to market cycles, said BusinessLive...

If gold’s rise is here to stay why are its biggest...

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SHARES in Gold Fields have traded disappointingly so far this year, up barely 5% and only 13% higher in the past 12 months against...

Senegal leader Faye tasked with keeping Ecowas alive

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SENEGAL President Bassirou Diomaye Faye has been given the difficult charge of convincing military leaders of three nations not to withdraw from the regional...

Gold Fields CEO says winter ramp-up was risky at Salares Norte

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THE first six months at Gold Fields have been less than easy for CEO Mike Fraser. By his own admission the first quarter "wasn’t...

Vedanta says it has funds to pay Konkola Copper creditors

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VEDANTA Resources said it had arranged funds required to start paying creditors of its Konkola Copper Mines (KCM) in Zambia as it takes steps...