Petra liquid enough to survive expected debt covenant failures
PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...
Mantashe delivers bombshell as asks investors to support independent power generation...
THE South African government will shortly begin discussions with investors about starting a power generation company outside Eskom, South African minerals and energy minister,...
Zim in R21bn steel deal with India
Lazarus Zim's Afripalm Resources has signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, according to Business Day.
CoAL brings the curtain down on Mooiplaats
Coal of Africa said it could no longer support Mooiplaats after the thermal coal mine racked up losses of just over R400m over the last two financial years.
Senegalese R&B singer Akon signs JV in Congo to build copper-cobalt...
A COMPANY led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of...
Centamin expected to stage output recovery after grade-hit Q1
CENTAMIN, the London-listed gold producer that mines the Sukari gold mine in Egypt, stuck to full-year guidance of 580,000 ounces for its 2018 financial...
Gold wage talks fail, retrenchments likely
Striking mineworkers and their employers in the gold sector are seemingly further
apart than ever as formal wage discussions collapse.
Recovery of South Africa’s ports underway says Transnet – but cable...
SOUTH Africa's key ports at Richards Bay and Durban were returning to normal levels of operation whilst rail services from Gauteng had been running...
Resgen inks R2.1bn contract for Boikarabelo coal venture
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...
Finance a challenge for junior miners
Despite steady commodity prices, financing remains a challenge for junior miners, a financing panel told the Reuters Global Mining and Metals Summit.