Friday, June 22, 2018

The intervention of French military forces in Mali would not affect the mines of Randgold Resources which were located some 700km from the conflict zones.

Exxaro's KZ Sands titanium smelter could be saved by the recent upturn in the titanium market if the group can strike suitable deals with customers who want the smelter to stay in operation.

It’s bad enough trying to forecast gold without having to factor in the effect the rand will have on your investment, says Investec of its newly-launched gold product.

Mines Minister Susan Shabangu acknowledges the "modest changes' made by miners to transform the industry, but says far more needs to be done to alter the face of the sector.

State-owned pension fund, the Public Investment Corporation, is to under-write a further 25% of Lonmin should the rights offer receive the green light this week.

Ghana, Africa's second largest gold producer, said it had arrested 1,568 foreigners since June 1 for illegal mining.

Ferrochrome producer International Ferro Metals has taken another step towards restoring investors’ faith, meeting key cost and production milestones as it seeks to regain former highs.

AngloGold Ashanti believes the decision to unwind the bulk of its gold hedgebook reflects the company's confidence in the likely direction of the gold price.

Headline share earnings for the year ended March 31 would be between 14c and 16c/share, the coal producer said.

UPDATED: Glencore International has until March 1 to make a move for global miner Xstrata in a deal that may create a merged major valued around £50bn.