market capitalisation

SA miners faced with shrinking margins

A significant decrease in the mining industry’s profitability fuelled contraction in market capitalisation of South African mining stocks in 2014. In addition, local cost pressures and international demand weakness resulted in shrinking margins and...

SA mining firms continue to lose market cap

South Africa’s mining industry has seen a notable decline in financial performance in 2014 owing to weak international demand and local cost pressures, as well as labour unrest.   The result of this is evident in increasing impairment provisions...

$60M joint venture between IMX and MMG

IMX Resources has agreed to US$60 Million joint venture with MMG Exploration Holdings at Nachingwea in an accelerated pursuit of high grade mineralisation. The Nachingwea Project, which includes the Ntaka Hill Nickel Sulphide Project, located in...

SA mining boards female representation tops

A recent report by PwC shows that South Africa’s mining sector has the best level of female representation on boards. “Research shows that there is a strong correlation between financial performance and the participation of women on boards,” says...

Mining finance leads industry to capital drought

Only US$2.28 billion of mining finance was received in the three months to June, compared with US$5.16 billion in the March quarter and US$6.12 billion in Q2, 2012. The industry now faces a severe capital drought and concerning levels of debt. This...