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Kenmare edges to record annual ilmenite output in 2017

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MOZAMBIQUE mineral sands mining firm, Kenmare Resources, was on target for 2017 production guidance of between 950,000 to and 1.05 million tonnes (Mt) of...

Kumba may restate reserves as waits on DMR

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Kumba Iron Ore says it expected to receive its mining right but perhaps not before the year-end which could involve a restatement of reserves at Sishen.

Hummingbird studies plan to boost Yanfolila output 45%

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HUMMINGBIRD Resources is considering a proposal which may boost gold production at its Yanfolila gold project in Mali by about 45% to some 150,000...

Gold hits fresh record as Fed easing expected

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GOLD soared to a record $3,600 per ounce on Monday, extending a remarkable rally fuelled by anticipation of imminent US interest rate reductions and...

Vedanta convinced talks only route for ZCCM-IH after another SA court...

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VEDANTA Resources was convinced a dispute between itself and ZCCM-IH, Zambia's state-owned copper investment company, could only be resolved in terms of a shareholder...

Anglo to sell nickel business to MMG for $500m

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ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m. The...

Sibanye turns focus to gold consolidation

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Neal Froneman, Sibanye Gold CEO, said only regional consolidation among gold producers could make further significant in-roads to industry costs.

Lonmin rebut reveals R36.5bn money pit

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Lonmin's claim it had to raise R17bn and could not have hid the profits claimed by the AIDC is part of the story of shareholders providing R36bn to buoy the sector.

Gold production returns to Sibanye-Stillwater in stronger, but “noisy” half-year numbers

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THE South African gold assets of Sibanye-Stillwater are set to make a welcome return contribution to the group's bottom line in the six months...

Platinum blots Anglo copy book

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Anglo American posted a reasonable first half of production with output from Amplats down 40% - the only major upset recorded by the UK group.