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
