JSE-listed Wesize expects to report earnings and headline earnings of between 1.4c a and 13.32c a share for the six months ended June 30. This compares with a loss a share of 59.63c reported in the same period a year earlier. The platinum group metals company says its earnings improved mainly owing to foreign exchange gains unrealised on foreign-denominated...

Half of the employees of the emerging Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape were, as of June 30, made up of members of the host community towns of Prieska, Marydale, Vanwyksvlei and Niekerkshoop, Orion Minerals reported on Friday. Through the development of its mineral resources base located in South Africa’s Northern...

Petra Diamonds’ Cullinan diamond mine (CDM) has successfully launched its Gumboot Recycling project, aimed at reducing plastic waste while supporting education through its Schools’ Support programme. This initiative, led by CDM’s Health, Safety, Environmental and Social Performance departments, transforms used gumboots into durable school shoes.

Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique, which are currently set to decline sharply from 2027. The MoU was signed by Eskom CEO Dan Marokane and Sasol CEO Simon Baloyi at a ceremony held at Eskom’s...

South African platinum jewellery design and manufacturing competition PlatAfrica is celebrating a quarter-century. This year’s theme, ‘Legacy and Beyond’, is aligned to PlatAfrica’s twenty-fifth year coinciding with the hundredth anniversary of the discovery of the Merensky Reef – the platinum group metals deposit in South Africa.

Copper surged to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut. Base metals have advanced with other global risk assets after Fed Chair Jerome Powell kicked off the bank’s easing cycle on Wednesday, while US jobless data reinforced expectations of a soft landing for the world’s biggest economy.