Lonmin cash burn continues apace as H1 output slides
LONMIN continued to lose money in the six months ended March leaking 32.9 cents per share (2016: 37.3c/share), equal to $48m, following an operating...
Sibanye may ice shafts if AMCU strike is well supported
SIBANYE Gold would mine surface ore stockpiles, shut down certain shafts, and operate other shafts on a partial basis if a strike called by...
Quick judgment in Eskom price case
The public interest demands a speedy verdict in a court application to reveal BHP Billiton's preferential power prices, says the judge.
Gold smuggling alive and well as DRC’s eastern neighbours assist with...
PROVINCES in the Democratic Republic of Congo (DRC) were doing a roaring trade in illegal gold smuggling, according to Reuters which cited a report...
Palladium hits record $1,600/oz after Russian bans scrap exports
PALLADIUM reached a record $1,600 per ounce on Tuesday after Russia announced it was planning to ban exports of precious metals scrap, said Reuters.
“There...
Resolute extends hedge to half of 2019 production as gold scales...
RESOLUTE Mining today extended its hedging program after it sold 30,000 ounces of gold for delivery between January and June next year at $1,519/oz.
The...
Asanko Gold Mines pays $10m to JV partners, Galiano Gold, Gold...
GALIANO Gold, the Toronto listed gold miner, said it received $5m in a first quarter dividend from its one-half stake in Asanko Gold Mines...
Northam Platinum withdraws proposed offer for RBPlat after rhodium plummets
NORTHAM Platinum brought its 18 month battle for control of Royal Bafokeng Platinum (RBlat) to a swift end today announcing the termination of its...
Côte d’Ivoire mine grinds into action promising cash for debt-laden Endeavour
THE second half of Endeavour Mining's 2019 financial year would be given over to cash generation in order to test the investment mettle of...
Zimplats eyes mothballed mine reopening amid rally
IMPALA Platinum's Zimbabwean subsidiary is exploring the potential reopening of a mine shuttered since 1998, following platinum prices reaching their highest levels in over...