Miningmx14h
Gold’s latest surge a sign it will test $3,000/oz this year
US President Donald Trump’s 25% tariffs on steel and aluminium sent gold to record highs on worries of widening trade ...
Miningmx15h
Botswana pins hopes on diamond sector recovery
BOTSWANA is pinning hopes for a recovery in the economy on the diamond sector, according to a report by Reuters. It cited ...
Miningmx19h
Implats stabilises Styldrift but metal prices to hit earnings
IMPALA Platinum (Implats) said on Tuesday headline share earnings would be 40% to 49% weaker for the six months ended ...
Miningmx14h
Botswana leaned on Lucara to renew diamond deal
BOTSWANA may have had a lot to do with Lucara Diamond’s decision to renew a marketing agreement with marketer HB Group ...
Miningmx18h
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 ...
Miningmx6d
DRDGOLD to post 60-70% leap in interim share earnings
DRDGOLD said interim share earnings will be 60% to 70% higher year-on-year owing to a much higher rand gold price, up 26%. Interim headline share earnings would come in between 109.2 cents and 116.0c ...
Miningmx5d
Gold Fields can put 2024 behind it thanks to buoyant bullion
GOLD’S historic price gains last year and a strong operational recovery in the fourth quarter gave Gold Fields’ 2024 financial year a positive blush. The Johannesburg-headquartered company said in a ...
Miningmx6d
Derailments knock Kumba despite 15 day maintenance
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 ...
Miningmx5d
Exxaro CEO resigns citing biased investigation
THE suspended CEO of South African coal producer Exxaro Resources resigned over the handling of a probe into allegations over her conduct, according to a report by Bloomberg News on Thursday. Nombasa ...
Miningmx6d
Kumba Iron Ore hit by derailments despite 15 day maintenance
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 ...
Miningmx6d
De Beers slashes rough diamond output for 2025
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...
Miningmx6d
Amplats hit by lower prices, write-down & demerger costs
ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is expected to be completed by mid-year. The platinum group metal miner also ...