Northam Platinum warns of profit fall as low PGM prices persist Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand. Reuters | August 14, 2024 | 9:37 am
Impala Platinum flags $1bn impairments after metal price plunge The miner will publish its financial results on Aug.29. Reuters | August 7, 2024 | 7:05 am
VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office The sector employs nearly half a million people and contributes about 7% to the country's GDP. Staff Writer | August 5, 2024 | 10:36 am
Generation Mining advances on permitting for PGM-copper mine in Ontario Receipt of the few remaining approvals and permits required for construction is expected in the coming months, the company said. Staff Writer | July 31, 2024 | 12:02 pm
Nornickel sticks to production outlook despite furnace repairs The miner reported on Monday a 1% drop in nickel output for the first half of the year. Reuters | July 29, 2024 | 6:58 am
Sibanye delays results release as it recovers from cyberattack Publication of its second quarter and first half results has been rescheduled to September 12. Staff Writer | July 25, 2024 | 9:56 am
Anglo American takes fresh $1.6bn writedown on UK fertilizer mine Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units. Cecilia Jamasmie | July 25, 2024 | 3:46 am
South Africa mines lobby urges caution on minerals export tax A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing. Bloomberg News | July 24, 2024 | 7:19 am
Deep-sea miner TMC plans to be ready to apply for licence The 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
