The Richards Bay benchmark coal price dropped from an average in $270 per tonne in 2022 to $121 per tonne in 2023
The company flagged a $2.5bn non-cash impairment charge in relation to the division at its half-year results
With continued economic uncertainty in 2024, the company expects commodity prices to remain under pressure
Business Day TV talks to Stanlib’s chief economist, Kevin Lings
Group says special dividend still subject to Reserve Bank approval
Orion is developing its flagship Prieska Copper-Zinc Mine and the Okiep Copper Project in the Northern Cape
Vulcan offer was higher than one from a consortium of investors represented by Goldway Capital Investment
The platinum producer says it did not complete the verification process of the former board member’s qualifications
State-owned power utility starts rationing electricity from Monday amid the country’s worst drought in two decades
The transaction with US-based Rigel will lead to a Nasdaq listing, CEO Richard Floyd says
The board has chosen Jochen Tilk, an independent nonexecutive director since January 2019, to take over from Ramos
The offer is in a range higher than one from a consortium of investors represented by Goldway
Miners do not expect huge improvements in railed volumes of bulk commodities in the short term
Transporting coal to port by rail costs about R230 per tonne, but when trucked by road, the costs can easily rise to about R750 a tonne
Separate executive teams to oversee diversified metals producer’s expansion plans in each country
Price of PGM basket knocked 33% but Neal Froneman sees signs of a ‘better demand outlook’
Headline earnings per share are seen as much as 24% higher
A consortium represented by Goldway Capital Investment has made an all-cash off-market takeover offer of A$0.16 cash per share
Company expects depressed prices to persist for the next 12 to 24 months, warns Paul Dunne
Business Day TV spoke to Implats CEO Nico Muller