Pretorius defends Sibanye deal against claim it was too cheap
THE financial benefits for DRDGold shareholders from the deal struck with Sibanye-Stillwater (Sibanye) to acquire the West Rand tailings retreatment project outweigh the penalty...
Watchdog approves Anglo’s De Beers deal
South Africa's Competition Commission has given Anglo American's buy-out of De Beers the green light.
Global miners facing 80% haircut in 2023/24
NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another...
Botswana runs surprise ad-hoc diamond auction
BOTSWANA has launched an unprecedented ad-hoc diamond auction in an effort to raise revenue as the southern African nation grapples with a slump in...
Hulamin in R750m rights issue
Hulamin will conduct a R750m rights issue to cut debt levels and ensure growth for the semi-finished and fabricated aluminium products company.
Shares in Burkina Faso miners under pressure amid permit fears
BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing...
SA Govt. yet to progress new minerals cadastre
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) is yet to sign a service level agreement with PGM Consortium, its preferred bidder for...
Mining stocks flayed as SA counts cost of tariffs, GNU dispute
MINING stocks were flayed on the JSE as the market absorbed the potential damage to the global economy of US President Donald Trump's tariffs,...
GEM Diamonds posts fall in Q1 revenue on lower carat sales,...
GEM Diamonds reported a 7% decline in first quarter revenue year-on-year which came in at $43.9m owing to a decline in carats sold during...
Southern Palladium raises A$8m for Bengwenyama DFS
SOUTHERN Palladium, a Sydney- and JSE-listed exploration company, said on Thursday it had raised A$8m through an issue of shares.
The proceeds are earmarked for...