Ghana takes over the Damang Mine from Gold Fields citing failure...
The Ghanaian government has taken over operational control of the Damang gold mine from Gold Fields following the expiration of Gold Fields lease over...
BHP wary of fragile economy
BHP Billiton sees the global economy remaining fragile in the near term and economic growth possibly slowing in the medium term, says its chairperson Jacques Nasser.
South Africa’s Transnet reports derailment on coal export line
FRESH coal export delays from South Africa are likely to result from a train derailment which operator Transnet announced had occurred today.
The government-owned company...
Thungela warns of impairment as coal price flags in 2025
THUNGELA Resources raised the prospect of impairing assets following a year of lower coal prices in 2025, and despite a strong production and cost...
Anglo sees “no danger” of returning to exuberance of the past
ANGLO American said there was "no danger" of committing the over-exuberance of the previous commodity cycle where it - and its peer group -...
Sabotage brings coal export rail to grinding halt forcing Transnet to...
THE Richards Bay coal line was inoperable after an act described by its owner, Transnet, as "economic sabotage" led to the back-end of a...
Gold tops $1,850/oz
Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.
Kenmare says Covid-19 cases at Mozambique’s Moma mine contained to 41...
KENMARE Resources said in a trading statement today that positive Covid-19 cases at its Moma mine in northern Mozambique had been contained to 41...
Resolute Mining guides to 8% higher AISC for 2019 owing to...
RESOLUTE Mining CEO, John Welborn, forecast 8% higher all-in sustaining costs (AISC) than previously guided for the firm's 2019 financial year owing to downtime...
Acacia CEO quits two weeks after Barrick compact with Tanzania
ACACIA Mining, the Tanzanian gold miner in which Barrick Gold has a 64.9% stake, has been dealt a serious blow after two of its...