West African to pay out half of profits, but warns of unrest
WEST African Resources (WAF) expects full-year profit to come in at more than twice its first-half figure, with the gold miner set to pay its maiden dividend. Speaking at the…
Pan African plans R500m buy-back after declaring record dividend
PAN African Resources announced plans to buy back up to R500m of its own shares after a surge in cash flow helped it declare a record final dividend for its 2026 financial year.…
Sylvania Platinum resets Thaba JV chrome outlook
SYLVANIA Platinum has cut the long-term chrome production forecast for its Thaba Joint Venture after finding lower ore grades than expected. The AIM-listed, platinum group metal…
Omnia to recommend R21.5bn buyout from India’s Solar
OMNIA Holdings said on Monday it had received a buyout offer from Indian company Solar Industries worth R21.5bn. The offer, which values the South African mining explosives and…
Gold rally lifts West African Resources’ royalty bill
WEST African Resources (WAF) is facing a heavier government and regulatory burden in Burkina Faso, where it operates the Sanbrado and Kiaka gold mines. The Australian-listed…
Recovery at Gold Fields masked by permitting woes
IS Gold Fields being unfairly penalised for its struggles with regulators? Yes, in the view of analysts who say the firm’s lagging share price performance is at odds with its…
ARM leans on PGMs as coal, iron ore disappoint
AFRICAN Rainbow Minerals (ARM) benefited from a sharp recovery in its platinum business in its 2026 financial year, helping offset a swing into losses at coal and a steep decline…
Implats caps top year for platinum with R8.7bn special payout
THE impact of surging platinum group metal (PGM) prices was for all to see in Impala Platinum’s (Implats’) year-end numbers, which it capped with a special final dividend of…
Sibanye-Stillwater to build R5.5bn copper mine in Tasmania
SIBANYE-Stillwater today approved a R5.5bn copper-gold Mt Lyell project in Australia’s island state Tasmania producing up to 26,000 tons a year of the in-demand red metal. This…
Northam posts record payout after sharp earnings rise
NORTHAM Platinum reported a sharp rise in annual profit after higher platinum group metal prices lifted revenue and cash generation, allowing the miner to declare a record final…
South32 profits surge as reshaped portfolio delivers
South32 cracked it in the year to end-June more than doubling operating profit from continuing operations and declaring a 5.4 US cents final dividend which boosted the total…
Harmony Gold dividend soars as earnings jump 87%
HARMONY Gold reported a sharp increase in earnings in FY26 as a higher gold price and the first contribution from its newly acquired CSA copper mine boosted its financial…
Perseus opens the taps on shareholder returns
PERSEUS Mining has unveiled a more generous dividend policy after record cash generation in its 2026 financial year, promising shareholders a minimum 20% of operating cash flow…
Gold Fields flags Ghana risk as profits surge
Gold Fields has warned that uncertainty over the renewal of mining leases at its Tarkwa mine in Ghana could have a “material and adverse” impact on the company. This caution…
Master Drilling eyes $1bn pipeline as mining booms
Master Drilling’s share price performance has lagged so far this year dropping from around R18 to current levels around R15 despite what CEO Danie Pretorius describes as a…
Let mine waste pay for mining’s cleanup, says Niël Pretorius
DRDGOLD CEO Niël Pretorius has spent much of the past two decades trying to show that cleaning up the legacy of South Africa’s gold mining industry does not simply have to be an…
Exxaro lifts Grootegeluk rail shipments 50%
EXXARO Resources has recorded a roughly 50% improvement in direct coal railings from its Grootegeluk mine in the Waterberg coalfield in Limpopo to Richards Bay, CEO Ben Magara…
Gold price boost lifts DRDGold profit 83% in ‘year of delivery’
DRDGOLD benefited from a 40% increase in the average gold price in its 2026 financial year, helping operating profit jump 83% even as the company invested R3.5bn in expansion…
BHP full-year profit jumps 30% as copper drives record earnings
DIVERSIFIED mining giant BHP reported better-than-expected full-year earnings and its highest annual dividend in four years, Reuters reported, as record copper prices boosted…
Thungela ready to tap extra rail capacity with third-party coal
Thungela Resources could use further improvements in Transnet Freight Rail (TFR) capacity to move more third-party coal to Richards Bay, as its South African mines are already…