Total identifiable demand for gold in the third quarter reached 800,3 t, or $24,7-billion in dollar terms, the World Gold Council (WGC) reported on Thursday.
Demand was up 10% compared with the second quarter, but 34% lower than in the same...
TSX- and Amex-listed Platinum Group Metals (PTM) hopes to have a decision this year on whether it will look for a buyer or build its first platinum mine in South Africa, president Michael Jones said on Thursday.
“We think there are a number of...
Shareholders should reject disgruntled empowerment company Vulisango's nontransformational, JCI-linked attempt to gain control of gold miner Simmer & Jack without paying a premium, Simmers CEO Gordon Miller said on Thursday.
Miller said that only...
South Africa was running the risk of losing business to rival countries because of logistical ineptitude, African Rainbow Minerals (Arm) executive chairperson Patrice Motsepe said on Monday.
"The whole Transnet issue is a very, very important...
The long-awaited depletion of Russia's stocks of palladium was now at hand, which was set to boost the palladium price as well as African Rainbow Minerals' (ARM's) palladium-rich mines, Arm CEO André Wilkens told Mining Weekly Online on Monday....
The underperforming Marula platinum mine may be closed if it fails to return to operational profitability, Impala Platinum (Implats) CEO David Brown said on Thursday.
Delivering 45% lower gross Implats profits of R9,8-billion, Brown said that the...
Governments have responded in a pleasing way to the private-sector-led idea of establishing a trans-Kalahari rail link to Southern Africa's west coast, Exxaro CEO Sipho Nkosi tells Mining Weekly Online.
Currently, South African exports go along...
Black economic-empowerment mineral development and exploration company Sephaku Holdings, which is developing a cement project in the North West province, on Friday listed on the JSE main board.
CEO Neil Crafford-Lazarus said at the listing...
Iron-ore pricing is heading towards greater transparency, BHP Billiton CEO Marius Kloppers said on Thursday.
Kloppers told journalists in Johannesburg that steel-pricing dynamics had changed towards shorter contracts.
JSE-listed diversified miner Exxaro has cut R1-billion off its planned R3-billion 2009 capital expenditure (capex) to take the total anticipated capex for the year to R2-billion.
The company, which increased revenue 23% to R7,1-billion in the...
Coal would in time need to be railed from the emerging Waterberg coalfield to power stations in the depleting Witbank coalfield to ensure South Africa's energy security, diversified resources company Exxaro executives said on Thursday.
At a media...
While South Africa's third-largest gold miner Harmony Gold won plaudits on Monday for unexpectedly declaring its first dividend in half a decade, its CEO Graham Briggs was quick to point out to Mining Weekly Online that the company would not be...
Debt-free, cash-positive but underrated Northam Platinum could return to being a platinum-industry takeover target, as it was before the global economic meltdown, or it could consider using its nigh-R1-billion in cash to acquire juniors and become...
