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Mining

DRDGold confirms fatal gang shooting

Oct 22 2019 14:37

The company released a statement in which it said the gang fatally shot chief security officer Bart Coetzee and escaped with a quantity of calcine concentrate, which was estimated to contain up to 17kg of gold.

Mining

African lender eyes unloved neighborhoods in mining drive

Oct 18 2019 19:59

African Finance Corp will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said.

Mining

Tharisa has right to sell all of $4.2bn Zimbabwe platinum mine

Oct 17 2019 16:00

Tharisa, the publicly traded South African platinum and chrome miner run by the Pouroulis family, has the right to take over a platinum mine project in Zimbabwe that could ultimately cost $4.2bn.

Mining

Sibanye hoping to avert AMCU platinum strike after wage deadlock

Oct 15 2019 15:47

Sibanye-Stillwater is hopeful that a wage agreement would be reached with trade union AMCU to avert a strike at its Rustenburg and Marikana operations after negotiations deadlocked.

Mining

Sibanye plans new JSE-listed holding company

Oct 04 2019 19:33

Sibanye Stillwater - the world's biggest producer of platinum, the second-largest palladium producer and a major gold miner – plans to restructure its holding structure.

Mining

SA platinum miners consider paying dividends

Oct 03 2019 16:10

It’s been a good year for South African miners as the rally in iron ore, gold and platinum-group metal prices boosted earnings and put dividends back on the agenda.

Mining

De Beers diamond sales fall 39% in a year

Oct 03 2019 08:59

De Beers’s diamond buyers continued to take the rare opportunity to reject stones from the biggest supplier as the company extended almost unprecedented flexibility to ease a growing crisis.

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Mining

The great Samancor 'heist'

Oct 02 2019 13:48

A profit shifting scheme and other dodgy deals orchestrated by the "world's richest Croatian” have allegedly been used to siphon hundreds of millions of dollars offshore out of Samancor Chrome. Now the Johannesburg high court is being asked to pry open the privately-owned mining company's books as a first step towards a massive damages claim from its workers.

Mining

Investors need security, says Anglo CEO

Oct 02 2019 12:32

South African mining executives, investors and officials have gathered in the nation’s economic hub for the Joburg Indaba conference to discuss the industry’s investment prospects after years of regulatory uncertainty.

Company Snapshot

#MINIBUDGET2019

Struggling power utility Eskom will take centre stage at this year's mini budget
 

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