First stab at acquisition by Australia’s South32 hits competition hurdle

Australia’s regulator is probing the plan to buy Peabody mine saying it could curb competition in the supply of coking coal

3 days ago
About 2,000 Evander gold miners on the chopping block, NUM says

NUM says it has received a section 189 notice from Pan African Resources, which has blamed the action on Evander’s high costs

3 days ago
Glencore profit leaps almost 50% on higher commodities prices

Ivan Glasenberg has turned the company around from a 2015 crisis, when investors sold shares on concern that debt was too high

3 days ago
Sibanye Gold returns R1.3bn to shareholders as platinum swells profit

The miner’s debt ballooned along with earnings, as it expanded aggressively in the platinum sector

3 days ago
Implats falls into loss as costs outpace rising output and prices

The world’s second-largest platinum miner has also lowered its production forecast, after safety stoppages and community disruptions

3 days ago
Pan African reports record dividend as profit increases

The mine will produce 14,000oz less of gold in the year and drag the company’s annual output down to 181,000oz

3 days ago