Anglo to cut ties with Amplats, De Beers in historic restructure
ANGLO American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American...
Anglo to launch defence after “accelerating” strategic review
ANGLO American will on Tuesday unveil its eagerly anticipated defence against BHP's takeover proposals after saying today it had accelerated a strategic review.
"The board...
Anglo rejects improved all-share takeover proposal from BHP
BHP increased its all-share takeover proposal for Anglo American by offering 0.8132 shares for each Anglo share – an improvement that was today (May...
SA platinum supply to fall 2% in 2024, says WPIC
PLATINUM was heading for another supply deficit this year calculated by the World Platinum Investment Council (WPIC) at 476,000 ounces. The metal recorded a...
AngloGold bets on H2 after tropical storm lashes Australian mines
ANGLOGOLD Ashanti increased first quarter gold production despite heavy rains that pummelled its Australian operations. Tropicana – a mine northeast of Kalgoorlie in Western...
Sibanye-Stillwater to ask lenders for relief as losses mount
SIBANYE-Stillwater showed signs of staunching losses at its US mine Stillwater but the distress caused by weak platinum group metal (PGM) prices continued to...
DRDGold cuts revised production guidance despite Ergo lift
DRDGOLD finally started mining two deposition sites at Ergo that were previously inaccessible owing to outstanding regulatory approvals and community disputes. But the firm...
Botswana vows to protect interests in potential BHP-Anglo deal
BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to...
SA mines minister has no legal powers over Anglo takeover
THE moon is made of cheese. We all know this. Just like we know that the chairperson of the ANC, who moonlights occasionally as...
Pan African weighs R2bn Mintails extension as gold powers on
PAN African Resources said the improvement in the gold price would result in a doubling in returns for its R2.5bn Mintails project, due to...