Randgold shares fall 60pct on unbundling
Shares in Randgold & Exploration have shed 60.64%, or R8.55, as the company continues its unbundling process.
Bushveld starts trimming business with plan to sell CellCube
BUSHVELD Energy said today it intended to sell its 25.25% stake in CellCube, an energy storage battery manufacturer.
The divestment is part of plans to simplify...
Endeavour settles sale dispute on Burkina Faso mines
ENDEAVOUR Mining said on Tuesday it had ended legal proceedings with Lilium Gold, a Burkina Faso company with which it had agreed in 2023...
Lucapa Diamonds shares slump 8% in Sydney as firm continues refinancing...
LUCAPA Diamonds Company said it would press ahead with discussing refinancing options despite corporate cost-cutting and a A$5.2m rights issue in the June quarter.
The...
Loss-making Amplats short on wriggle room
It's debatable how much Anglo American Platinum can achieve to lessen the blow of its loss-making shafts; the fact is, the company is in some distress.
Gold Fields cautious on output & yield promises
Getting to five million ounces annual production is the goal but when, and at what
cost, is not something any sane-minded gold executive is really going to guarantee.
Barrick to argue court case is “egregious forum-shopping”
BARRICK Gold is back in the Ontario Superior Court today where it will seek to have allegations of human rights abuses dismissed or permanently...
RBCT lowers horizon on future coal exports
Richards Bay Coal Terminal said it would be unlikely to export more than 85 million tonnes of coal in the foreseeable future.
Newcrest Mining keen to reopen talks with PNG government on Wafi-Golpu...
NEWCREST Mining was ready to resume talks with Papua New Guinea (PNG) to develop its major Wafi-Golpu gold project held in joint venture with...
Miners in spin as DMR discounts pre-2004 BEE
The South African government has put its mining sector into a panic by seemingly wanting to discount empowerment deals concluded before May 1, 2004.