Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’

Rusal has alleged that the sale of some business units led to losses for Nornickel shareholders.

Reuters | April 22, 2024 | 8:11 am

pH7 engages Elevated Signals to streamline operations

Sustainable mining company pH7 expects the partnership with Elevated Signals will help them leverage real-time data to inform reporting processes.

Staff Writer | April 19, 2024 | 6:06 am

Sibanye cuts more jobs after shutting loss-making Marikana shaft

Some 469 employees were transferred to Sibanye's other PGM operations, while another 226 were taken off the payroll.

Reuters | April 18, 2024 | 9:12 am

Flying Nickel updates Minago resource, including first PGM estimate

The MRE showed a 42% increase in the in-pit portion of the M&I nickel resource.

Staff Writer | April 11, 2024 | 9:06 am

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors.

Cecilia Jamasmie | April 11, 2024 | 3:45 am

Zimplats to cap job cuts at 1% of workforce, CEO says

Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts.

Reuters | April 10, 2024 | 7:59 am

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

Reuters | April 10, 2024 | 5:31 am

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".

Reuters | April 10, 2024 | 5:25 am

Big 5 diversified mining companies are having a rough 2024

World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.

Frik Els | April 5, 2024 | 9:47 am

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Sibanye seeks to loosen borrowing restrictions as earnings plunge

Rio Tinto has not ruled out bid for Anglo American — report

Anglo American’s South Africa investors open to improved BHP bid

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

South African unions urge Anglo holders to reject BHP bid

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