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Mining

Anglo American production up 4% despite drought impacting key mine in Chile

Jan 23 2020 14:52

The global mining giant managed to boost total production in the three months to end December, drought conditions in central Chile slowing production at a key copper mine.

Mining

Storms, bushfires hit production at BHP

Jan 21 2020 20:22

Yet despite declines in production at some mines, news was more positive for copper, with the third phase of the drilling program at Oak Dam in South Australia on track.

Mining

Energy tariffs, market slump blamed as retrenchment process begins at Rustenburg smelter

Jan 20 2020 10:16

Merafe Resources says "unsustainable electricity tariffs" have played a role in its decision to start a consultation process to retrench employees.

Mining

Sibanye completes Marikana restructuring, cuts 1 142 jobs

Jan 16 2020 16:31

Mining Group Sibanye-Stillwater [ has completed the restructuring of its Marikana operations, in a process that saw 1 142 workers lose their jobs.

Mining

Sibanye acquires majority stake in DRDGold

Jan 10 2020 11:21

Sibanye-Stillwater has acquired a majority shareholding in DRDGold, in a deal the company described as creating an industry leading surface mining partnership

Mining

Anglo may rescue UK's biggest mining project with R7bn bid

Jan 08 2020 11:25

Anglo American has confirmed that it is in talks to buy the UK's embattled Sirius Mining.

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Economy

Gold's December rally stays alive to seal best year since 2010

Dec 31 2019 14:37

Gold climbed to a three-month high to clinch its best annual performance since 2010, as a weaker dollar helped cap a year marked by global economic jitters and trade frictions.

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