Gold Fields maintains production outlook
Gold production from Gold Fields shows the traditional drop for the March quarter, but the group is maintaining its forecast for 2011.
AngloGold in strong finish to 2017, but exceptional items bruise
ANGLOGOLD Ashanti registered a strong end to its 2017 financial year mining just over a million ounces of gold in the fourth quarter, and taking...
Gold could surge to $5,000/oz, says bank
GOLD prices might soar to nearly $5,000 per ounce if US president Donald Trump's assault on Federal Reserve independence undermines America's central bank, according...
KGHM says plans for large output rise unrealistic
Copper producer KGHM dropped plans to boost production by some 40% next year because it no longer planned to make a large acquisition of foreign deposits.
Zimbabwean labs overwhelmed as gold rush intensifies
ZIMBABWEAN testing laboratories are buckling under pressure from a dramatic increase in mineral samples as mining companies accelerate exploration efforts, driven by soaring gold...
Anglo raises R7.2bn from Amplats bookbuild
ANGLO American raised R7.2bn in gross proceeds from an accelerated bookbuild of shares in its 78% owned Anglo American Platinum (Amplats).
The UK-listed firm announced...
Petra to defer results two months to November owing to Covid-19,...
PETRA Diamonds has delayed the publication of its annual results ended June 30 to November 17 to allow it contend with the challenges posted...
De Beers’ sales fall precipitously as group takes steps to ease...
DIAMOND sales in the sixth sales cycle fell precipitously year-on-year for Anglo American's 85%-owned De Beers as inventories in the 'mid-stream' - among polishers...
China to invest $1.4bn in Tanzania-Zambia railway
THE China Civil Engineering Construction Corporation (CCECC) will invest $1.4bn to upgrade the Tanzania-Zambia railway, the line's operator said, improving a key route for...
GEM Diamonds gets “good value” for high value stones in Antwerp...
THERE was "good value" for high value diamonds, said Clifford Elphick, CEO of GEM Diamonds following a tender in Antwerp.
"The results of the latest...