‘Nothing off the table’ in Anglo assets review

CEO Duncan Wanblad says the company is ‘focused on reducing complexities and managing assets, capital and portfolio for value’

Gold Fields plummets on concerns about rising costs

Company is banking on its costly Chile project to boost output by 20% over the next two years

Sibanye writes down the value of its assets by R47bn

The company says the plunge in metal prices and production bottlenecks have hampered performance

Rail crisis forces Kumba Iron Ore to cut more jobs

The company plans to lay off 490 workers to cut costs as production contracts

WATCH: Amplats’ annual earnings plummet

Business Day TV speaks to Anglo American Platinum CEO Craig Miller

Polymetal to sell Russian assets to Siberian gold miner

The deal is valued at about $3.7bn, a knock-down price as a result of the conflict in Ukraine

Copper 360 secures nearly R100m in additional funding

The money will fund the completion of the Nama Copper acquisition and bolster short-term working capital requirements to start export sales of concentrates

Northam expects large drop in earnings as higher production fails to offset low prices

Northam Ebitda to be down 68% to R3.2bn and gross profit to decrease about 73% to R2.4bn

Amplats to retrench 3,700 workers and review contracts with 620 suppliers

Miner says it needs to ‘take active steps to secure its long-term sustainability’ with R5bn in cost cuts

MC Mining says no to ‘opportunistic’ takeover bid

On Thursday, MC Mining urged its minority shareholders to reject a proposal, which requires at least 82.2% of the shares in issue to go through

Expect a Middle East scramble for green African metals, says RMB

A trade war is brewing between Middle East countries and the West over access to lithium, copper and cobalt

‘Major milestone’ as South32 signs off on $2.16bn zinc mine

Group shapes up for low-carbon future, with the Taylor deposit in Arizona expected to add 8% to volumes

WATCH: Pan African Resources gets a healthy kick out of gold price

Business Day TV speaks to the gold mining company’s CEO, Cobus Loots

WATCH: DRDGold posts 10% rise in half-year earnings

Business Day TV speaks to DRDGold CEO Niël Pretorius

Pan African produces more gold at a higher price

Group targets 30MW of installed solar capacity in the next 24 months