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Maroc Maroc - MININGMX.COM - A La Une - 07/Aug 11:45

Implats consigned to year-end loss as impairs mines for R19.8bn

IMPALA Platinum (Implats) today announced it had impaired assets for R19,8bn, equal to basic earnings of R22,04 per share, owing to a one-third decline in the average metal price during the 12 months ended June. However, it reported positive free cash flow for the second half of the period in which assets were restructured and […]

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Implats CEO “anxious” for US rate cut as PGM prices languish

miningmx.com - 29/Aug 07:17

IMPALA Platinum (Implats) CEO Nico Muller said he was “anxiously waiting” on a US interest rate cut as it would be a boost to languishing platinum...

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Implats CEO “anxious” for US rate cut as PGM prices languish

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Sibanye-Stillwater earnings plummet as axe hovers over US mine

miningmx.com - 02/Sep 06:50

SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...

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Sibanye-Stillwater earnings crater as axe hovers over US mine

miningmx.com - 02/Sep 06:50

SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...

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Northam warns of “inevitable depletion” for PGM industry

miningmx.com - 30/Aug 10:28

SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices over...

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Northam warns of “inevitable depletion” for PGM industry

miningmx.com - 30/Aug 10:28

SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices over...

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Goldman Sachs slashes copper price outlook for 2025

miningmx.com - 04/Sep 14:36

AN expected rally in copper prices would not materialise in 2025, said the Financial Times citing a report on the metal’s prospects by US bank,...

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Harmony posts record free cash flow, but sticks to dividend policy

miningmx.com - 05/Sep 06:07

HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend for...

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Harmony posts record free cash flow, but sticks to dividend policy

miningmx.com - 05/Sep 06:07

HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend for...

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AngloGold open to selling mines if Centamin deal passes muster

miningmx.com - 10/Sep 15:45

ANGLOGOLD Ashanti CEO Alberto Calderon said he was open to selling less profitable mines if the firm’s $2.5bn offer for Centamin announced today was...

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