Latest News & Developments
BHP is set to benefit from market volatility with record copper and iron ore production, despite global tariff challenges.
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.
The Johannesburg Stock Exchange experiences a significant rally as investor confidence grows following the new budget and improved economic outlook.
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 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
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.