Petra Diamonds calls for buyers after review of $650m debt slams...
PETRA Diamonds said on Friday it would seek offers for the company after concluding a strategic review aimed at finding ways to repay $650m in...
Amplats shuts Mortimer smelter as 3,700 jobs cut
ANGLO American Platinum (Amplats) said on Monday it had cut R4.9bn in costs for the six months ended June affecting 3,700 jobs and shut...
Horgan sets out Centamin’s growth mandate for 2024
CENTAMIN, the Egyptian gold miner, has targeted gold production of 470,000 to 500,000 ounces for the 2024 financial year after meeting guidance last year...
Barrick-Newmont ‘hostilities’ off the radar for two years – Bristow
MARK Bristow, CEO of Barrick Gold, said there would be no further hostilities between his company and Newmont Mining for another two years in...
Recovery of Glencore African Copper business remains on track after Q4...
THE recovery of Glencore's African Copper business was on track, said the Financial Times citing the Swiss firm's fourth quarter production results published today.
Production...
Steinmetz walks free after prosecution, but clear message sent to mining...
THE conviction for bribery of Beny Steinmetz, the head of Beny Steinmetz Resources Group is an important moment in the fight against corruption in the...
Davis leads line as private equity mulls mining
Mick Davis' new business - X2 - is one of several private equity ventures hoping to buy unloved assets in the much-battered mining sector.
Gemfields heads off expensive legal fracas with Montepuez community in £5.8m...
GEMFIELDS chose practicality over a potentially expensive legal process in a "no admission of liability" settlement with attorneys representing community members residing near its...
Gemfields reports insurgency 65km from Montepuez ruby mine in Mozambique.
GEMFIELDS said today renewed violence by 'insurgents' in Mozambique were closer to the operations of its 75%-owned Montepuez Ruby Mining (MRM) than in previous...