Appian unmoved by Sibanye-Stillwater’s offer of talks
UK private equity fund Appian Capital Advisory seemed to rebuff Sibanye-Stillwater's offer of a negotiated settlement regarding a damages claim between the two, saying...
Anglo agrees joint plan with Codelco for copper mines
ANGLO American today announced plans for a joint mine plan with Codelco in Chile that will see the partners produce 2.7 million tons of...
Hefty De Beers write-down takes Anglo into headline loss
A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ended December.
Anglo CEO...
Glencore says US “leading candidate” as plots listing switch
GLENCORE said on Wednesday it was considering moving its primary listing from London, possibly to the United States although it was giving mind to...
What’s behind Sibanye-Stillwater’s chrome deal with Glencore?
SIBANYE-Stillwater's agreement with Glencore-Merafe Joint Venture (GMV) announced today is designed to generate billions of rands in by-product chrome revenues for the Johannesburg miner.
In...
Afrimat hit by losses in cement, weak anthracite prices
AFRIMAT, the Johannesburg-listed mid-tier miner and materials company, warned on Monday full year earnings to end-December would decline year-on-year owing to losses from its...
IDC allocates 40% of exploration fund to juniors
M ining is critical to South Africa's economy. In the first three quarters of 2024, the sector contributed an added value of about R448.4bn...
Froneman to announce retirement from Sibanye-Stillwater
THE Board of Sibanye-Stillwater is in the final stages of a process to find a successor to Neal Froneman, the founding CEO of the...
South32 CEO calls US metal tariffs a negotiating tactic
SOUTH32 CEO Graham Kerr played down the long-term impact of steel and aluminium tariffs installed by US president Donald Trump this month, saying they...
Northam’s Dunne to lead Minerals Council until May
SOUTH Africa's Minerals Council said Paul Dunne would continue as caretaker president until the organisation's annual general meeting in May.
This follows the resignation of...