Tin miner Alphamin to weigh ‘shareholder distributions’ after staging turnaround in...
AFRITIN Resources Corporation, a tin miner operating in the Democratic Republic of Congo (DRC), said today that "shareholder distributions" would be assessed at the...
Centamin targets up to 9% increase in Sukari’s 2023 gold production
CENTAMIN forecast gold production for its 2023 financial year of between 450,000 to 480,000 ounces which, at the higher end of guidance, would represent...
RBPlat to gird for year of cost, capital pressure
Increased labour costs and a requirement to dip into a R500m debt package for its Styldrift I project would lift the pressure on Royal Bafokeng Platinum in 2013.
Exxaro seeks bid for zinc assets
Exxaro has invited bids for its stake in a zinc and lead mine in Namibia and ownership of a refinery in SA in a move to exit the zinc business, says an official.
Glasenberg plays straight bat to DoJ as Glencore posts “light” interim...
GLENCORE CEO, Ivan Glasenberg, played the straightest of bats to concerns the US Department of Justice (DoJ) will investigate the company saying in comments...
Caledonia unveils Zimbabwe gold expansion with $53.3m all-share Bilboes Gold offer
CALEDONIA Mining Corporation today announced a major development in its growth strategy in which it will issue $53.3m worth of shares - about 28.5%...
West facing uranium crunch as supply rerouted to Russia, China
US and European energy users are facing the threat of a decline in uranium supply as major producers such as Kazakhstan reroutes its production...
Aquarius profit soars as prices rise
Aquarius Platinum says first-half net profit soared on the back of higher precious metals prices and increased production.
Naidoo seizes chance as Vedanta’s Agarwal unfurls Africa strategy
Vedanta Resources has been picking up the shoes in southern Africa that Anglo American has cast off in its eagerness to woo shareholders in...
Sibanye would hike debt R9bn to fund future
Neal Froneman, CEO of Sibanye Gold, said he would take debt to R10bn from the current R1.7bn in a combination of organic and acquisition growth opportunities.