R/€ = 16.20 Change: 0.00
R/$ = 14.49 Change: 0.00
Au 1283.53 $/oz Change: 8.84
Pt 801.33 $/oz Change: 0.43


Race for AngloGold assets may pit Sibanye against rival Harmony

By: Bloomberg     10th May 2019 Sibanye Gold faces competition from two rivals if it wants to buy South African gold mining assets that AngloGold Ashanti plans to sell. Sibanye, headed by South Africa’s prolific mining deal-maker, Neal Froneman, would be interested in purchasing AngloGold’s remaining mine in the country. But... 

Late payments the ‘assassin of small businesses’, says SBI’s Swanepoel

By: Simone Liedtke     6th May 2019 Small businesses need predictable cash flow to gain traction, pay employees, market their products and services and invest in and grow their businesses, says Small Business Institute executive director Bernard Swanepoel. He adds that one of the surest ways to disrupt the growth of small... 

Rapidly rising costs will exacerbate PGMs industry crisis  

By: Natasha Odendaal     9th April 2019 Faster-than-inflation rising costs and a stall in revenue in the South African platinum group metals (PGMs) industry are exacerbating hardwired challenges that are already threatening nearly 90 000 jobs. Rapidly escalating costs, particularly for labour, electricity and supplies, are fast... 

Small Business Institute to host indaba with a focus on job creation 

By: Marleny Arnoldi     1st April 2019 The Small Business Institute (SBI) will hold its first of two small business indabas at the Bryanston Country Club, on April 11, where three major South African political parties will debate their manifestos. The indaba will be held under the theme “Creating jobs against all odds”, with the... 

Exciting DRDGold expertise deserves international prominence – Froneman 

By: Martin Creamer     27th March 2019 The exciting gold-from-tailings expertise of DRDGold, which has decades of experience in recovering precious metals profitably from mine dump material, deserves international prominence which Sibanye-Stillwater intends to afford it, CEO Neal Froneman said on Wednesday. Froneman drew attention to... 

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