DRA Global plans to delist and buy back shares

Subject to shareholder approval, it will buy back shares at $2.08 or R24.55 apiece

Southern Palladium appoints Roger Baxter as executive chair

The company hopes to release the results of the Bengwenyama PGM project prefeasibility study before the end of October

Petra Diamonds to hand over Koffiefontein mine

SA miner expects to close sale of mine to Dubai’s Stargems by end of October

Industry conditions still challenging but De Beers expects return to growth in 2025

De Beers’ total revenue fell about 35% in 2023 to $4.3bn due to a downturn in industry conditions from 2022 to 2023

Jubilee advances Zambia copper strategy with second open-pit mine

Jubilee’s Zambian operations have now fully transitioned its power requirements onto renewable energy sources

Rio Tinto in talks to buy lithium miner Arcadium, sources say

If a deal materialises it would vault Rio into one of the world’s largest suppliers of the ultralight metal

Northam takes first step towards using renewable energy

The new solar plant is set to come on stream by December next year

Anglo boss makes business case for Amplats

Strong upside potential, says Duncan Wanblad as he downplays threat of battery electric vehicles

PIC raises Sibanye-Stillwater stake as lithium project takes shape

Miner secures financial backing for its Finnish asset, further diversifying its portfolio

Coronation changes tune on platinum sector

Asset manager opts to acquire 5% stake in Northam Platinum

PIC teams up with UAE’s cash rich and mineral hungry IRH

IRH is a subsidiary of UAE’s most valuable listed company, International Holdings Company, which has a market value of about $240bn

Amplats crashes out of top 40 index

World’s biggest platinum producer has lost nearly R100bn in value since the start of the year

Soaring gold boosts mineral sales despite falling output

Despite decreasing production, income in July more than doubled from the previous year

Q&A: Risks and opportunities in ferroalloys industry

SA needs to address logistics and stabilise energy supply challenges for its ferroalloys industry to become more investable

South32 secures R2.9bn for US manganese project

Grant from US government to help develop Hermosa deposit in Arizona