Rio Tinto ends Mozi excursion in $50m sale
Rio Tinto brings the curtain down on its disastrous excursion into Mozambique's coking coal district selling its subsidiary company for $3.85bn less than it paid.
Lucapa Diamond re-opens Mothae mine after six month Covid-19 induced hiatus
LUCAPA Diamond Company has re-opened Mothae mine in Lesotho after a six month Covid-19 induced hiatus, the company said on Thursday.
The mine will be...
Chaos engulfing SA will have “lasting impact” in discouraging investment says...
THE violence and looting of retail centres and industrial assets in South Africa over the past three days would result in lasting damage to the...
Base says Toliara is Madagascar’s best new investment as talks on...
BASE Resources was confident it could reach agreement with Malagasy government over new fiscal arrangements for its proposed $500m mineral sands project, Toliara.
It added...
Sibanye-Stillwater gold strike drove 30-fold lift in days lost to strike...
A STRIKE by Sibanye-Stillwater's gold mine employees played a major part in the 1.6 million work days lost so far this year in South...
Anglo to explore for base metals in SA but wants Govt...
ANGLO American was interested in exploring for base metals in South Africa, but the group wanted adjustments in legislation, said the group’s CEO, Mark...
Endeavour Mining on track to exceed minimum dividend payout for 2021
ENDEAVOUR Mining could pay more than the $125m in dividends it promised shareholders this year after a strong second quarter in which net earnings...
Botswana launches state diamond trader
Botswana has formed a new state-owned diamond trading company that will purchase, market and sell a portion of Debswana production, according to a report.
SA economic risk means banks reticent to entirely cut funding to...
SOUTH African banks say they cannot entirely cut lending facilities to the country's coal industry as this would put too much strain on government...
Re-elected AMCU president Joseph Mathunjwa declares himself “good”, not “great”
JOSEPH Mathunjwa was re-elected president of the Association of Mineworkers & Construction Union (AMCU) at the weekend following the union's first elective conference, which...