Pallinghurst’s pesky discount to net asset value stays put
Pallinghurst Resources made a net profit of $45m in the year to end-December - marginally up on the $44.6m made in financial 2016 -...
Gold, silver poised for further growth
Speculators have recently been responsible for great volatility in commodity prices, but there is still room for further gains.
Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.
UK hedge fund, Odey, to reject Barrick first and final offer...
THERE was a further sign that opposition is growing to Barrick Gold's offer for shares it doesn't already own in Acacia Mining after Odey...
Eskom to hold briefing on wage negotiations
Power utility Eskom will hold a briefing on wage negotiations with the National Union of Mineworkers and the National Union of Metalworkers of SA as the unions confirmed strike notices.
Gold Fields sticking with fixed share ratio bid for Yamana Gold...
GOLD Fields is sticking by its fixed share ratio offer for Yamana Gold, the company's CEO Chris Griffith today. "The bid is not changing," he...
Miners upbeat on US projects under Trump administration
MINING companies with projects in the US were more hopeful of speedier delivery following the election of Donald Trump as President, said the Financial...
Glencore sees opportunities in volatility
Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.
Goviex signs framework pact with Niger which adds to stake in...
TORONTO-listed uranium development company, Goviex, said it had signed a framework with the Niger government in which the government would buy a 10% stake...
Pan African launches buyback despite scaling record high
GOLD miner Pan African Resources will be implementing a share buyback from Tuesday, 1 July, because it believes its shares still offer value and...