Loucas Pouroulis bows out 15-year stint at Tharisa
THARISA founder Loucas Pouroulis is stepping down from the board after more than 15 years as chair, handing the role to lead independent director Carol Bell. Pouroulis, who has…
Sibanye-Stillwater adds A2X secondary listing
SIBANYE-Stillwater will add a secondary listing on South Africa’s A2X exchange from October 6, giving investors another platform on which to trade its shares. The precious metals…
Discovery targets mining with 24-hour renewables plan
DISCOVERY Green has signed several mining companies to a renewable power offering that targets 90% of their electricity needs. A mix of wind, solar and batteries can help meet…
Does Sibanye-Stillwater need its US mine? Probably not
THE Stillwater palladium mine in Montana has performed many functions under the ownership of Sibanye-Stillwater, the JSE miner. When the group first bought it in 2017 for $2.2bn,…
Fresh capital, old problems for Zimbabwe mining
ARE investors still too wary of Zimbabwe’s mining sector? Two international miners – Caledonia Mining and Tharisa – think so, and both are committing significant capital to…
Expensive yes, but $300m bond takes Tharisa to next step
UNTIL Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum group metals (PGM)…
Why Implats has changed its tune on Waterberg
IMPALA Platinum (Implats) earlier this month declared R13.1bn in final dividends, a sum that outshone its rivals. It also revised its payout policy in such a way that the door is…
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…
Jubilee Metals eyes sale of Tjate Platinum project
JUBILEE Metals is considering selling its long-held Tjate platinum group metal (PGM) project after receiving expressions of interest in the South African asset, and as it puts…
Three years of giving junior mining a voice
On 12 September 2023, a significant new chapter was written in South Africa’s mining industry at the Johannesburg Stock Exchange (JSE). The launch of the Junior Mining Council…
Tharisa seals $300m Karo Platinum funding
THARISA has secured the $300m bond needed to complete its Karo Platinum project in Zimbabwe, removing uncertainty over how it would fund the remaining cost of the $545m mine. The…
Platinum deficit beckons in second half as ETF selling eases
THE platinum market is expected to swing back into deficit in the second half of 2026 as heavy exchange-traded fund (ETF) selling eases, after investment outflows helped drive a…
Sibanye-Stillwater to shut Kwezi platinum shaft costing 1,000 jobs
SIBANYE-Stillwater is to close its Kwezi platinum group metals shaft near Rustenburg, which could affect over 1,000 full-time employees and contractors. The miner said on Tuesday…
ARM leaves door open to bigger stake in Surge Copper
AFRICAN Rainbow Minerals (ARM) says it may in time raise its 19.9% holding in Canada’s Surge Copper after the Berg project beat the group’s early expectations. ARM COO Jacques…
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 takes shine to bite-sized Waterberg JV
IMPALA Platinum (Implats) has turned more positive on the long-delayed Waterberg JV project as plans for a smaller mine improve its chances of getting off the ground. Implats…
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…
HCI’s Copelyn dismayed at Waterberg JV’s multiple headwinds
HOSKEN Consolidated Investments (HCI) is grasping for a golden thread of hope in finally advancing its platinum group mining endeavours. The investment group – better known for…
Tharisa to raise $300m bond for Karo Platinum
THARISA, the JSE-listed platinum and chrome miner, is preparing an initial five-year $300m bond with the proceeds aimed at plugging the balance of its $545m Karo Platinum project…
“Juicy” mine ripe for expansion, says Sibanye-Stillwater’s Stewart
SIBANYE-Stillwater CEO Richard Stewart described the firm’s recently approved R5.5bn Mt Lyell copper project in Australia as “juicy” with significant resource expansion…