Zimbabwe to enforce “use it or lose it” policy for mining assets

Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes.

Reuters | November 13, 2019 | 9:05 am

South Africa’s AMCU mining union seals platinum wage deals

South Africa's biggest platinum mining union has sealed wage agreements with Anglo American Platinum, Impala Platinum, and Sibanye-Stillwater.

Reuters | November 12, 2019 | 10:13 am

Impala’s Zimbabwe mine is said to be in talks on Amplats land

The purchase of the claims by the Mimosa mine, which is jointly owned by Impala and Sibanye Gold, could be finalized by the end pf the year.

Bloomberg News | November 11, 2019 | 10:06 am

Palladium One stock surges on upsized private placement

The company will now issue up to approximately 63 million units at a price of C$0.06 per unit.

Jackson Chen | November 6, 2019 | 1:29 pm

Anglo American says Eskom a major risk as it mulls growth

Eskom, which produces about 95% of South Africa’s power, has been forced to implement rolling blackouts that caused economic output to contract the most in a decade in the first quarter.

Bloomberg News | November 6, 2019 | 7:49 am

Sibanye says on track to resume dividends as earnings surge

Adjusted earnings before interest, tax, depreciation and amortization surged 240% to 5.5 billion rand ($366 million) in the quarter through September.

Bloomberg News | October 31, 2019 | 9:13 am