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…
Proposed mining laws show SA Govt has learnt nothing
SOUTH Africa’s mining industry is “crawling on the floor” while mining in Australia, Canada, America and the rest of Africa is on a conveyor belt, says Peter Major, veteran…
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…
Gold Fields threatens to walk from Aussie tilt
GOLD Fields was prepared to walk away from a bid for Northern Star Resources, saying on Monday its $27bn offer did not “define” the company. “We really don’t feel we need to do…
Gold Fields goes hostile in $27bn Northern Star takeover
GOLD Fields confirmed today that Northern Star Resources had rejected its A$38.7bn ($27bn) cash-and-share takeover proposal, but said it intended to press on with its efforts to…
Transnet seeks private partner for R44bn manganese corridor
TRANSNET is seeking a private partner to help expand and operate a key manganese export corridor in a project that could cost as much as R44bn, Bloomberg reported. The…
Glencore set for ASX listing in October
GLENCORE expects to start trading on the Australian Securities Exchange (ASX) on October 14 after satisfying the exchange’s substantive listing requirements. The miner and…
Rainbow Rare Earths paves way for SA mine in offtake deal
RAINBOW Rare Earths said on Thursday it aimed to publish a prefeasibility study (PFS) of its Phalaborwa rare earths project in South Africa in the fourth quarter, following a…
Froneman hires Rothschild for R6.7bn F1 bid
A CONSORTIUM fronted by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back to South Africa, Bloomberg has…
MPRD in 2026: A maze of mineral policy
It is a cliché of effective industrial policy that developing an industry works best if there is “policy certainty”. It is also one of those clichés that becomes a cliché because…
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,…
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.…
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…
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…
Miners doubt if Transnet’s rail reform is bankable
SOUTH Africa’s freight rail reform has moved past the stage of being dismissed as another policy aspiration without a timetable. The Transnet Rail Infrastructure Manager (TRIM)…
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…
Motsepe-backed phosphate producer Kropz puts 238 jobs at risk
KROPZ, a phosphate producer majority-owned by Patrice Motsepe’s African Rainbow Capital (ARC), will restructure its Elandsfontein mine in South Africa, putting 238 contractor…
Can this lowly priced uranium project make big bucks?
A largely unknown mining junior listed on the London Stock Exchange – Neo Energy Metals, whose current share price is less than 1 pence – is on the point of finalising a deal…