Sibanye-Stillwater profit jumps on bullion prices

Sibanye-Stillwater last week said it could cut nearly 6,000 jobs at its gold mining operations, where AMCU has been on strike since mid-November over a wage dispute

BHP, Anglo American touch one-year highs.

"We will further investigate tax planning alternatives to minimise this additional deferred tax," Sibanye's statement said.

Tighter emissions rules are “outweighing the weakness in global auto sales and the growing threat from EV's.

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

Two-thirds of 30 analysts polled by the LBMA see double digit gains for the gold price 2019, but the ride will be bumpy.

The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest.

The rate of growth in secondary supplies is likely to be lower than in 2018, while primary shipments (of newly mined metal) are expected to be flat.

A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.