Rio Tinto ‘well-placed to weather market storms’
Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.
Base Resources maintains production guidance following Kwale flash flooding
BASE Resources said its 2022 production guidance had been undisturbed by localised flash flooding at its Kwale mine in Kenya which led to an...
Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.
Mwana makes progress on nickel, gold costs
Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.
Glencore ‘in talks with China, Qatar’
Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the LSE, according to a report.
Master Drilling buoyant on high risk-reward Africa prospects
MASTER Drilling cracked it in the year to end-December and normally cautious and conservative CEO Danie Pretorius is actually sounding a bit more optimistic...
Gemfields collects much-needed revenue as Montepuez sells rubies for $59m
GEMFIELDS collected much-needed revenue after the firm completed a series of self-styled 'mini-auctions' of rubies that were mined at its Mozambique operation, Montepuez, before...
Exxaro Resources to reduce stake in Tronox to 1.6% in public...
EXXARO Resources will sell off the bulk of its stake in Tronox in a public offering announced today, said Chemicals Week in a report.
The...
BHP posts record profit, boosts dividend
BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.
Silicosis appeal postponed as SA miners edge to out of court...
SOUTH Africa's largest gold mining companies as well as Anglo American and African Rainbow Minerals are edging towards an out of court settlement in...