Latest News & Developments
copper
Two men sentenced to 10 years for illegal electricity connections and copper theft in Gauteng
Two men have been sentenced to 10 years in prison for tampering with essential infrastructure, including illegal electricity connections and copper cable theft, underscoring the ongoing battle against infrastructure-related crimes in Gauteng.
Suspects caught cutting copper bars from hijacked truck
Four men were arrested in Putfontein for possession of stolen copper bars after EMPD officers, using tracking data, located an abandoned hijacked truck on Kingsway Road and later found the suspects cutting the cargo at a residence on North Road.
Former Anglo American suiter, BHP, expects to benefit from Trump-induced global turmoil
BHP is set to benefit from market volatility with record copper and iron ore production, despite global tariff challenges.
Ten arrested in Bloemfontein for R125,000 copper cable theft following community tip-off
Ten suspects have been arrested in Bloemfontein after police recovered copper cables valued at R125,000, thanks to a vigilant community member's tip-off about suspicious activity in the Heideda suburb.
JSE breaks 90 000 points high buoyed by gold and improving investor sentiment
The Johannesburg Stock Exchange experiences a significant rally as investor confidence grows following the new budget and improved economic outlook.
Orion Minerals reports interim loss while advancing key copper projects
Orion Minerals reports a 15. 4% increase in losses to A$6. 52m for H1 2024, while making significant progress on its Northern Cape copper and zinc projects. The company remains on track for first production in 2026, with major developments at both Prieska and Okiep operations.
Harmony Gold reports strong earnings as South Africa's operating environment stabilises
Harmony Gold Mining Company reports substantial financial growth with a 19% revenue increase to R35. 45 billion and 33% profit surge, despite facing production challenges. The company's strategic moves into copper production and improved operating conditions signal positive outlook, though analysts remain divided on future performance
Eastern Cape pensioner sentenced to 15 years for copper cable theft
A 67-year-old pensioner from the Eastern Cape has been sentenced to 15 years in prison for stealing copper cables and damaging essential infrastructure.