THE suspended CEO of South African coal producer Exxaro Resources resigned over the handling of a probe into allegations over ...
GOLD’S historic price gains last year and a strong operational recovery in the fourth quarter gave Gold Fields’ 2024 ...
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 ...
RAIL derailments on the Sishen to Saldanha railway contributed towards an 8% decline in fourth quarter iron ore deliveries, said Kumba Iron Ore. Commenting in a fourth quarter and full year production ...
PERSEUS Mining this week gave the green light to the $124.6m expansion of its Yaouré gold operation in Côte d’Ivoire – a development that will see mining continue at the site until at least 2035. The ...
THE lawyer for suspended Exxaro Resources CEO Nombasa Tsengwa promised to “expose an agenda” waged against his client and the company’s board, led by chair Geoffrey Qhena. Eddie Claasen told Business ...
UK-listed Neo Energy Metals is to sell a 30% stake in its South African subsidiary to SSC Group in an empowerment deal valued at R390m. SSC Group will take a 20% stake in Neo Uranium Resources Beisa ...
IN the final knockings of 2024 Sibanye-Stillwater sold its Beatrix 4 shaft to a little-known junior miner, UK-listed Neo Energy Metals. In terms of easing the group’s debt, it achieves little on its ...
GEMFIELDS Group said it could resume exports of emeralds from Zambia as a duty on gemstones re-imposed by the southern African country in January “may be revoked”. Commenting in an operational update ...
SHARES in Anglo American fell more than six percent on Monday morning in Johannesburg following a report BHP had backed off from making a bid for the company. Citing people familiar with the situation ...
VEDANTA Resources, the London-based parent company of Vedanta Ltd, has appointed South African mining executive Deshnee Naidoo as its CEO. Naidoo was previously head of Vedanta Zinc until leaving for ...
O nce the flywheel of South Africa’s economy, the mining sector is now in decline. Investor flight, regulatory chaos, and policy failures are driving capital elsewhere —leaving the country’s mining ...
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