Deals too expensive, says Anglo’s Carroll
Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.
Beacon Hill investors in uproar over failure
Private investors in Beacon Hill Resources say the company's management could face a class action after failing to study their proposal to save the company.
SA’s PGM shares due re-rating after “sorting out” debt, says Blackrock’s...
THE South African platinum group metals (PGM) industry has "really sorted itself out and deserves a different level of discount rate" because of the...
Kenmare hits a sweet spot but management remains cautious on global...
Titanium feedstock producer Kenmare Resources is churning record profits and is far better placed financially to cope with any future setbacks - such as...
The DRC government continues to sit on $1bn in profits due...
The government of the Democratic Republic of Congo (DRC) continues to sit on more than $1bn in profits from the Kibali gold mine due...
Gold Fields targets 1 mln oz in S. America
Gold Fields aims to produce one million ounces of the precious metal per year in South America by 2015, says the company's regional chief.
Eskom to invest R10bn to R12bn in cost plus coal mines...
SOUTH African power utility, Eskom, intended to invest R12bn in cost plus coal mines in order to secure the quality of the fuel for...
Petra Diamonds lays out new $100m/y expansion plans
PETRA Diamonds on Thursday detailed expansion plans for its Finsch and Cullinan mines in South Africa in which production is projected to between 3.4...
Gordhan throws weight behind R58bn renewable IPP plan
FINANCE minister Pravin Gordhan threw his weight behind South Africa's renewable independent power producer (IPP) programme amid criticism, most notably by Eskom CEO, Brian...
Firestone’s Brown targets $200m in finance
Stuart Brown, CEO of Firestone Diamonds, has been treading the streets of London in search of funds that will transform Liqhobong into a 1m carat a year mine.