Kumba passes dividend citing volatile market, Anglo review
THE fluid nature of market conditions and uncertainty over the short-term future for Kumba Iron Ore were reflected in its surprise decision to pass...
Zimbabwe hands platinum concession to firm linked to Nigerian billionaire
ZIMBABWE'S plan to accelerate the development of its platinum group metal (PGM) sector has taken another turn with the country awarding a concession to...
Amplats will be “challenged” to smelt PGMs if Eskom hikes loadshedding,...
ANGLO American Platinum (Amplats) will be "challenged" to refine metal if loadshedding by South Africa's government-owned utility, Eskom was increased from current levels, said...
Curtain falls on Pallinghurst as adopts pure play gems strategy
PALLINGHURST Resources unveiled a major shift in strategy today in which it will sell down its exposure to steel feed minerals through a relisting...
B2Gold to study underground mining at Namibia’s Otjikoto
B2GOLD said drill results from exploration at its Otjikoto mine in Namibia indicate the possible viabilty of developing an underground mine.
If proven, the reserves...
Amplats adds Der Brochen to project roster after buying Glencore stake...
ANGLO American Platinum (Amplats) has continued its strategic repositioning campaign through buying partner Glencore’s 39% stake in the Mototolo joint venture which opens up...
Vedanta makes case for Zambia pollution case to be moved from...
VEDANTA began appeal proceedings in London's Supreme Court on Tuesday (January 15) arguing that a case brought by nearly 2,000 Zambians who alleged the...
Eskom warns of continued load-shedding as presses ahead with maintenance programme
ESKOM, the South African state-owned power utility, warned of more nationwide outages as it tackled long-overdue repairs at its coal-fired fleet, said Bloomberg News...
AngloGold delays Obuasi ramp-up but gold price tailwinds lead to boost...
ANGLOGOLD Ashanti lost 11,000 ounces of gold production and has delayed the ramp-up of its Obuasi mine in Ghana owing to the COVID-19 pandemic,...
Why won’t ARM sell its stake in Harmony Gold?
IT would appear that African Rainbow Minerals (ARM) executive chairman Patrice Motsepe gets a warm, fuzzy feeling from his group’s stake in Harmony Gold...