DRDGOLD revenue increases by 26% in FY2021
In its trading statement and trading update for the year ended 30 June 2021, DRDGOLD reports revenue increased by R1,084.0
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Africa
Sasol delivers strong performance despite COVID-19 pandemic
Sasol delivered a strong set of results for the year ended 30 June 2021. Earnings before interest and tax (EBIT)
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Implats’ earnings for the for the year to increase by 122% to 129%
Implats’ headline earnings for the for the year ended 30 June 2021 are expected to be between R35.8 billion and
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SAIMM awards its prestigious prize to Sibanye-Stillwater’s Neal Froneman
Known for his skills as an ace dealmaker, mining giant Neal Froneman has been honoured with the 2021 Brigadier Stokes
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New all-time record for commercial quality emerald
LONDON – Gemfields has announced the results of an auction of predominantly commercial quality rough emeralds held from 28 July
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Arnot Opco signs a ten-year coal supply agreement with Eskom
Update of 28 July 2021, referring to the imminent restart of the Arnot Mine, based in Middelburg, Mpumalanga, and the
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Alphamin produces 2,412 tons of tin, 11% below guidance
MAURITIUS – Alphamin Resources Corp., a producer of 4% of the world’s mined tin1 from its high grade operation in
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Rustenburg ferrochrome furnace 5 will resume operations in Q3 2021
Merafe Resources says the Lydenburg smelter remains on care and maintenance for the foreseeable future, however Rustenburg furnace 5 will
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Exxaro reports healthy improvements mainly due to Sishen
Exxaro Resources headline earnings for the six-month period ended 30 June 2021 is expected to increase between 99% and 111%
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Kamoa-Kakula copper production exceeded 500 tonnes per day
KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines has announced that Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant was
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Jubilee updates on its chrome operations in South Africa
LONDON – As previously announced, in November 2020 Jubilee commenced the construction of an additional 80 000 tonnes per month
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Jubilee considers building PGM processing plant in the Eastern Limb
LONDON – Jubilee Metals’ PGM operations consist of the Inyoni and Windsor JV PGM operations. The construction of the expanded
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Tin producer Alphamin brings up-to-date its growth initiatives
Fine Tin Recovery Plant (FTP) – The FTP is fully commissioned and has produced at steady state from 26 June
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Bauba Resources appoints new directors to the board
JOHANNESBURG – The board of directors of Bauba has appointed Mr Adriaan Martinus Slabber (“Tinus”) as a non-executive director, and
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Sibanye-Stillwater ups production at SA PGM and SA gold operations
Johannesburg – Sibanye-Stillwater in its trading statement and operating update for the six months ended 30 June 2021 (H1 2021
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Jubilee Metals updates on its Zambian copper and cobalt operations
The role-out of Jubilee Metals’ copper and cobalt strategy offers the potential of significant continued earnings growth in addition to
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Uptick in capacity utilisation in the manufacturing sector
JOHANNESBURG – The improvement in manufacturing sector capacity utilisation even as South African remains under lockdown is encouraging, the Steel and
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Royal Bafokeng Platinum increases concentrate production by 24.3%
Royal Bafokeng Platinum, in its Condensed Consolidated Interim Results for the six months ended 30 June 2021, says that during
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Endeavour well positioned to achieve full year production guidance
Gold production increased 18% in Q2-2021 over Q1-2021 to 409koz, while AISC decreased by $15/oz to $853/oz, due to the
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SA needs meaningful reform not reshuffling deckchairs
The latest buzz in structural reform-hungry South Africa is that President Ramaphosa is planning a Cabinet reshuffle. While well and
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Medupi’s last unit in operation marks completion of the project
Eskom has announced that on Saturday Unit 1, the last of six generation units of the Medupi Power Station Project
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Zimbabwe privatises gold refinery for US$49m
Ten companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister
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ArcelorMittal South Africa records strongest profits in a decade
As anticipated in February 2021, both stronger sales volumes and the benefit of robust price-cost effects enabled ArcelorMittal South Africa
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Orion to acquire and consolidate the Okiep Copper Project
Orion Minerals has taken another key step in its strategy to become a leading diversified international base metals producer after
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Major shakeup: Quo Vadis Bauba?
Johannesburg – In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of
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Prieska Copper-Zinc Project in process of finding financiers
Negotiations with potential project financiers for the Company’s flagship Prieska Copper-Zinc Project are progressing well, with term sheets expected in
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Wescoal delivers solid overall performance
The Group delivered a solid overall performance for the first quarter of FY22 ended 30 June 2021 (Q1’FY22) with all
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Implats records 17.9% increase in concentrate production
Implats delivered strong operating results in the period, despite the complexity of managing the ongoing impact of Covid-19. The Group
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Alphamin continues to intercept high grade tin mineralisation
Alphamin Resources Corp., a producer of 4% of the world’s mined tin from its high-grade operation in the Democratic Republic
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Transnet experiences disruptions to its IT systems
JOHANNESBURG – On Thursday 22 July 2021, Transnet SOC Ltd experienced disruptions to its IT systems, which impacted operations. Technicians
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