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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.


    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.


    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.


    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.


    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.


    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.


    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.



    De Beers keeps special terms in place for another diamond sale

    Sep 27 2019 21:32

    De Beers is continuing its policy of offering almost unprecedented flexibility to diamond buyers as the mining company works to fend off a slump in demand for the gems, according to people familiar with the situation.


    SA miners may struggle to secure enough water - Moody's

    Sep 27 2019 12:40

    High water stress will to lead to increased capital spending and operating costs, as companies look to 'lock down sustainable water sources'.

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