Sibanye Stillwater CEO says market conditions not ideal for gold M&A
Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."
Latest Stories
Copper price near 6-week high on softer than expected US inflation
US consumer prices did not rise in July compared with economists' expectation of a 0.2% gain.
Miners face supply chain overhaul to meet US EV credit deadline
To win the full credit, EV makers have to source in 2023 at least two-fifths of battery materials from the US or free trade agreement partners such as Canada, Chile and Australia or recycle it in North America.
K+S expects high potash prices to offset gas shortage hit, maintains outlook
Potash and salt miner reiterated its full-year profit guidance on Thursday.
China pledges to cut mining deaths after spate of accidents
Some 129 coal miners have died in accidents in the first seven months of 2022.
New Colombian govt must exercise caution on reforms – business leader
The Petro administration, which took office on Sunday, has proposed a tax reform bill to Congress that would raise $5.8 billion in 2023 in an effort to increase revenue for anti-poverty programs.
Graphic: Copper speculators anticipate downturn for market and the world
Data shows more funds with bearish positions than bullish copper positions on the London Metal Exchange and COMEX.
Column: Australia’s renewable energy ambitions dwarfed by coal, LNG juggernaut
Australia can become a renewable energy superpower but a dose of realism on the scale and cost of achieving the goals would be welcome, writes Clyde Russell.
Sibanye cuts US palladium mines output forecast after floods
Company now expects its US PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580,000 ounces expected previously.
