Deep-sea miner TMC plans to be ready to apply for licenceThe Metals Company said current draft rules provide them with legal cover to submit an application at any time.Cecilia Jamasmie | July 24, 2024 | 5:43 am
Amplats says on track to demerge in 2025, plans secondary London listingAmplats also said it had cut some 3,700 jobs to…Reuters | July 22, 2024 | 6:55 am
Anglo’s sale of De Beers hindered by diamond market stateAnglo American has warned of more production cuts at De…Cecilia Jamasmie | July 18, 2024 | 4:33 am
Sibanye loosens debt covenants to boost cash amid lower prices The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities. Reuters | June 7, 2024 | 7:34 am
Underground strike ends at Sibanye’s Kroondal operation The protest started on Monday when more than 200 employees and contractors staged a sit-in. Staff Writer | June 5, 2024 | 11:35 am
Palladium not written off the road yet, miners say Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum Investment Council said. Colin McClelland | June 5, 2024 | 9:38 am
Sibanye hit by underground protest at South Africa mine The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees. Staff Writer | June 4, 2024 | 2:49 pm
Palladium output cuts needed to bolster market, Northam CEO says The company announced in February that it would pare back or pause development projects at its three operating mines. Bloomberg News | May 31, 2024 | 9:16 am
How a rattled South Africa became Anglo’s best defence against BHP bid More than 20% of Anglo shares are held by South African investors. Reuters | May 30, 2024 | 7:04 am
Nornickel forecasts lower global nickel surplus, bigger palladium deficit The miner expects surplus to be about 100,000 metric tons this year, down from a previous estimate of 190,000 tons. Reuters | May 30, 2024 | 6:54 am
Mining M&A slips as firms lawyer-up to fight regulators The value of deals in the industry declined 12.5% to $74.2 billion this year. Colin McClelland | May 29, 2024 | 8:44 am
BHP walks away from proposed $49bn takeover of Anglo American Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover. Cecilia Jamasmie | May 29, 2024 | 4:05 am