DRDGold boss cautions investors as stock hits 23 year high
FORMER DRDGold CEO Mark Wellesley-Wood once famously dubbed the company the ‘Roodepoort Rocket’ because of the way in which the share price took off...
Glencore may extend share buy-back beyond $1bn in Q4
GLENCORE raised the prospect it could extend a share buy-back programme beyond the targeted $1bn as there weren't any promising merger and acquisition (M&A)...
Pan African seals wage deal with NUM, UASA
Pan African Resources has reached a three-year wage agreement with the National Union of Mineworkers.
All eyes on gold majors’ numbers
The strong rand is expected to erode the benefit of the rise in gold's dollar price for SA’s top three producers - scheduled to report third-quarter earnings in November.
Solidarity, Exxaro Coal reach wage agreement
Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.
ARM’s public musings may be a prelude to the biggest shakeup...
IMPORTANT changes may be afoot at African Rainbow Minerals (ARM) which appears to be weighing up existential questions over structure and strategy.
Typically, investment companies...
ARM, Vale to sell JV shares in $400m Lubambe mine for...
JOHANNESBURG-listed African Rainbow Minerals (ARM) and Vale, the Brazilian state-owned company, are to sell their joint venture stake in Zambia's Lubambe Copper Mine to...
Resgen acrimony as A$2.3m director fees quizzed
Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.
Mali forecasts decline in ‘industrial’ gold production in 2020 to just...
INDUSTRIAL gold production from Mali was forecast to fall 8.3% year-on-year to 59.77 tons in 2020 compared with 2019, said Reuters.
Citing the West African...
Aquarius Platinum shares plunge
Shares in Aquarius Platinum dropped sharply in early trading on the JSE on Monday morning in response to the stringent safety directive slapped on the company by the Department of Mineral Resources.