$1.4bn required to build Platreef PGM project. No problem, says Ivanhoe...
IVANHOE Mines was confident it can raise the $1.4bn for its Platreef platinum project in South Africa, said Ivanhoe Mines president and CFO, Marna...
Coal to boost mining share of Mozambique GDP
Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.
Harmony boosted by ‘prescribed status’ for Eva Copper
HARMONY Gold said its Eva Copper had been declared a prescribed project, a development that boosts its chances of receiving permitting approvals.
Australia's Queensland administration...
Lonmin scores Govt points as opts for Magara
Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
Perseus Mining powers into net cash with transformative Yaouré project paid...
PERSEUS Mining moved into net cash at the close of its 2020 financial year owing to strong gold prices, especially in the second half,...
Ivanhoe’s Friedland hits out at ‘fiction’ that mining copper in Chile...
BILLIONAIRE mining entrepreneur, Robert Friedland, put the boot into Chile and its established major copper mining groups.
Friedland, whose company Ivanhoe Mines is developing major...
Lucapa paid $1.6m dividend from stake in Angolan diamond mine, Lulo
SHAREHOLDERS in Lucapa Diamond Company, an Australian-listed business, will receive a dividend payment of $1.6m from the firm's stake in Lulo, known as Sociedade Mineira...
Eskom’s Mabuza warns of “more skeletons” as irregular spending rises to...
ESKOM chairman, Jabu Mabuza, warned the utility may yet uncover significant additional instances of irregular spending as the newly appointed board gets to grips...
Tiffany sales growth shows signs of slowing
Concerns about slowing sales momentum took some of the luster off Tiffany & Co's stock amid signs that European and US economic distress are weighing on luxury consumers.