Xstrata executive exodus feared
The resignation of Sir John Bond, chairman of Xstrata, and the already known new that its CEO, Mick Davis, is to leave has triggered fears that without retentions, the key Xstrata staff will abandon Glencore Xstrata.
Petra Diamonds to present bondholders with draft capital restructuring plan by...
PETRA Diamonds has committed to a draft plan detailing its capital restructuring plans by the end of June in terms of a condition applied...
Randgold CEO Mark Bristow earmarked Tanzania for new investment
RANDGOLD Resources CEO, Mark Bristow, described himself as "an interested by-stander" in Acacia Mining's dispute with the Tanzanian government, but added that as an...
Year-long slide in cobalt price expected to end as artisanal supplies...
THE 12-month decline in the price of cobalt was coming to an end, but significant inventories of the metal would put the brakes on...
Simmers sells TGME
Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.
Canadian geologist kidnapped in Burkina Faso found dead – ministry
A CANADIAN geologist employed at Progress Minerals who had been kidnapped whilst on site in Burkina Faso on January 15 was found dead, said...
SA mining industry “has lost confidence in Zwane”: Baxter
SOUTH Africa's mining industry had "lost confidence" in its mines minister, Mosebenzi Zwane, who had backed the re-write of a Mining Charter which was...
Ferrochrome exports in trouble as Transnet utilisation rate falls to 40%,...
MERAFE Resources and Glencore had encountered "huge problems" exporting ferrochrome from South Africa with utilisation rates on the rail and ports facilities managed by...
Endeavour CEO, De Montessus donates 30% of salary to help combat...
ENDEAVOUR Mining CEO, Sébastien de Montessus, today joined the corporate effort to combat the COVID-19 pandemic and provide financial support to affected communities saying he...
Two big questions for Anglo American that won’t go away
ANGLO American is heading for its poorest showing in years when it posts interim numbers tomorrow (July 27). Deutsche Bank, for one, expects "sluggish"...