First Quantum to sell $500m in copper to China’s Jiangxi
FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...
Eskom chairman, Jabu Mabuza, in race against time
THE newly appointed board of South African state-owned power utility, Eskom, was in a race against time as it had to take steps to...
Gold Fields gives NUM until Friday to accept sweetener aimed at...
GOLD Fields has given employees at its South Deep mine until Friday (November 30) to accept an improved retrenchment offer as well as terms...
NUM joins calls for Zwane’s head after DMR dismisses official
THE National Union of Mineworkers (NUM) has called upon newly appointed South African president, Cyril Ramaphosa, to dismiss his mines minister, Mosebenzi Zwane, after...
DRC to seek compensation from Angolan diamond mine for dam leak
THE Democratic Republic of Congo (DRC) will seek compensation from the owners of an Angolan diamond mine for a tailings dam leak that polluted drinking...
Gold Fields’ Griffith expects direction of Yamana vote will be clear...
GOLD Fields CEO, Chris Griffith said the company would have more visibility of how shareholders would vote on its proposed $6.7bn takeover of Yamana...
Gold Fields says progress “slower than expected” on AngloGold JV
GOLD Fields said it was taking longer than expected to conclude an agreement to form a joint venture with AngloGold Ashanti on adjacent mines...
Amplats dives 8% following Anglo spinoff plan announced
SOUTH African mines and energy minister may have warmed towards the unbundling of Anglo American Platinum (Amplats).
Asked by Bloomberg News what he thought of...
Perseus gives green light to $124m Yaouré underground project
PERSEUS Mining this week gave the green light to the $124.6m expansion of its Yaouré gold operation in Côte d’Ivoire – a development that...
Mopani CEO detained at Lusaka airport as Zambia’s feud with Glencore...
ZAMBIA'S feud with Glencore took a sinister turn after the head of the company's local copper company was prevented from leaving the country, said...