China copper imports soar
China's refined copper imports rise strongly in September, while primary aluminiuum remains steady.
AMCU comes out swinging at Sibanye’s takeover of Lonmin
The Association of Mineworkers and Construction Union (AMCU) has attacked the proposed takeover of Lonmin by Sibanye-Stillwater threatening the kind of action in conjunction...
Petmin drives its diversification strategy
Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.
Gold Fields target soars as market expects higher bid
SHARES in Australia's Gold Road Resources climbed an all-time peak on Tuesday, a day after rebuffing South African miner Gold Fields' $2.1bn acquisition proposal,...
Ramaphosa unshackles private power production in bid to resolve SA energy...
SOUTH African president Cyril Ramaphosa laid down his much-anticipated plan for the country's stricken energy sector removing the cap over private sector generation and doubling...
Endeavour questioned on Burkina Faso after “security concerns” led to Boungou...
A REDUCTION in gold reserves at Endeavour Mining's Boungou mine in Burkina Faso was a result of security concerns which prevented the firm from...
Xstrata takes $500m hit on Lonmin stake
Xstrata has taken an impairment charge of $514m against its 24.6% stake in
platinum producer Lonmin; an asset it is likely to dispose of should it merge
with Glencore International.
Lucapa takes sales to $35.5m, but firm holds back large stones...
LUCAPA Diamond Company, a Sydney-listed company operating in Angola and Lesotho, said diamond sales for the year were now at $35.5m following the latest...
Gemfields may seek ‘regional’ gem auction
Gemfields shareholder Pallinghurst Resources said the company could hold a single auction of emeralds mixed with rubies mined in Mozambique.
Implats to redeem convertible bond issued at PGM firm’s valuation ebb
IMPALA Platinum (Implats) has offered to redeem outstanding convertible bonds in terms of its R3.25bn issuance which has a 2022 maturity date.
"The group’s strong...