November 13, 2019

Zimbabwe to enforce “use it or lose it” policy for mining assets

Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes.

November 12, 2019

South Africa’s AMCU mining union seals platinum wage deals

South Africa's biggest platinum mining union has sealed wage agreements with Anglo American Platinum, Impala Platinum, and Sibanye-Stillwater.

November 11, 2019

Impala’s Zimbabwe mine is said to be in talks on Amplats land

The purchase of the claims by the Mimosa mine, which is jointly owned by Impala and Sibanye Gold, could be finalized by the end pf the year.

November 6, 2019

Anglo American says Eskom a major risk as it mulls growth

Eskom, which produces about 95% of South Africa’s power, has been forced to implement rolling blackouts that caused economic output to contract the most in a decade in the first…

October 31, 2019

Sibanye says on track to resume dividends as earnings surge

Adjusted earnings before interest, tax, depreciation and amortization surged 240% to 5.5 billion rand ($366 million) in the quarter through September.

October 30, 2019

Zimbabwe eyes platinum-led revival. Miners see little chance

The southern African nation is facing the first contraction in gross domestic product since 2008.

October 29, 2019

Sibanye Gold CEO says New York listing possible in 2021

Plan to move Sibanye’s primary listing isn’t immediate and could still be two years out, after the company has sufficiently paid down its debt.

October 28, 2019

Palladium tops $1,800 for first time as shortage persists

The metal is up more than 40% this year.

October 24, 2019

Zimbabwe to cut power to mines, others over $77 million in unpaid bills

The southern African nation is experiencing daily power cuts lasting up to 18 hours after a severe drought reduced water levels at the country's biggest hydro plant.

October 23, 2019

Why it makes sense to pay attention to platinum now

The shiny metal has been declining in the previous years, and only recently did it show some decent strength.