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Sibanye-Stillwater will look to Africa for new gold output
SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future. “I can speculate on where I see our gold future being. I think in Africa, looking at opportunities and projects there,” said Richard Stewart, CEO of the miner in a presentation to analysts and investors last […] The post Sibanye-St
Sibanye-Stillwater will look to Africa for new gold output
SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future. “I can speculate on where I see our gold future being. I think in Africa, looking at opportunities and projects there,” said Richard Stewart, CEO of the miner in a presentation to analysts and investors last […] The post Sibanye-St
Gold, platinum shares in good space after metals correct
ENTHUSIASM for precious metals had evaporated in recent weeks, leaving mining shares in good buying territory, said analysts. “Investor sentiment towards South African mining equities has deteriorated materially in recent months as commodity enthusiasm faded, geopolitical risk premiums normalised and concerns around Chinese demand resurfaced,” said UBS in a
How long before miners call on Eskom for their rebates?
ESKOM will invite the attention of its mining clients in yet stronger terms if it agrees to cut its tariff for Transalloys, the manganese smelting business currently heading for closure. According to a report by News24 this week, the power utility is considering a tariff rebate that will enable Transalloys, owned by Russia’s Renova, to […] The post How long