Harmony Gold: Cost of Mponeng operations already paid off
Harmony Gold Mining Company says the acquisition of Mponeng operations and related assets contributed R7.9 billion (US$513 million) in revenue
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South Africa
BAUBA: Changes to Board of Directors becomes weekly routine now
JOHANNESBURG – In compliance with the Listings Requirements of the JSE Limited, the board of directors of Bauba Resources, a
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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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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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MERAFE: State of ferrochrome market
Growth in global stainless steel melt rates reached a decade high in the first half of 2021 (“H1 2021”) as
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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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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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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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Merafe reports 66% increase in ferrochrome production to 199kt
Merafe achieved solid operational and financial results for the first half of 2021. Merafe recorded a profit after tax of
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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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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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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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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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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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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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Chrome venture’s ferrochrome production increases by 65.6%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2021 increased by
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Ramaphosa: electricity reform in word only?
Johannesburg – The Free Market Foundation (FMF) calls on government to speed up the process of detailing and gazetting President
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ArcelorMittal turns from lossmaker to very profitable
Vanderbijlpark – ArcelorMittal South Africa is in the process of finalising its results for the six months ended 30 June
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South32 finalises energy supply agreement for Hillside Aluminium
South32 has advised that the National Energy Regulator of South Africa has approved a long-term energy supply agreement between Eskom
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