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Sibanye-Stillwater says US to grant R4.8bn in metals subsidies

SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its ...

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Hefty De Beers write-down takes Anglo into headline loss

A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ...

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Barrick Gold signs new agreement with Mali to end dispute

BARRICK Gold has signed a new agreement with Mali that could bring a two year dispute between them to an end provided it is ...

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South32 CEO calls US metal tariffs a negotiating tactic

SOUTH32 CEO Graham Kerr played down the long-term impact of steel and aluminium tariffs installed by US president Donald Trump this month, saying they were more likely to be a negotiating tactic than ...

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Glencore says closure of ferroalloy furnaces can be avoided

GLENCORE executive Japie Fullard said his company and joint venture partner Merafe Resources would seek a deal with the South African government in an attempt to avert ferrochrome furnace closures ...

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Northam’s Dunne to lead Minerals Council until May

SOUTH Africa’s Minerals Council said Paul Dunne would continue as caretaker president until the organisation’s annual general meeting in May. This follows the resignation of Minerals Council president ...

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Gold’s latest surge a sign it will test $3,000/oz this year

One kilogram gold bars at the ABC Refinery facility in Sydney, Australia. Photographer: Brendon Thorne/Bloomberg via Getty Images US President Donald Trump’s 25% tariffs on steel and aluminium sent ...

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