Former Endeavour Mining CEO diverted $20.9m to UAE
THE former CEO of Endeavour Mining Sébastien de Montessus diverted $20.9m from the company to an unknown entity in the United Arab Emirates (UAE)...
West African wins permit approvals boosting Sanbrado
WEST African Resources, the Sydney-listed gold producer, said this week it had received permit approvals that would secure the continued operation of its Sanbrado...
Harmony boosted by ‘prescribed status’ for Eva Copper
HARMONY Gold said its Eva Copper had been declared a prescribed project, a development that boosts its chances of receiving permitting approvals.
Australia's Queensland administration...
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...
Tharisa jumps 11.5% after unveils $5m share buy-back plan
THARISA, the Johannesburg-listed chrome and platinum group metals miner, on Tuesday unveiled plans to buy up to $5m of its own shares.
Tharisa said it...
Gemfields looking for fillip from Mozambique gold prospect
GEMFIELDS might seek a partner to help it develop its Nairoto gold prospect in Mozambique if drilling results support further investment.
Commenting during the ruby...
UAE firm attempts to gatecrash Lubambe Copper sale
A UNIT of International Holding Company, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JCHX...
RBCT agrees to export terms with Optimum Coal owner
RICHARDS Bay Coal Terminal (RBCT) said it had agreed export terms with Optimum Coal, the Mpumalanga province operation which was once owned by the...
Mafube lifex project in doubt after JV hits licensing problems
THE future of the Mafube coal mine in South Africa's Mpumalanga province has been thrown into doubt after the government turned down its application...
Sedibelo Platinum write-down forces ruby miner into the red
THE decline in platinum group metal (PGM) prices last year weighed heavily on Gemfields, the ruby and emerald miner which has a 6.45% stake...