Market shrugs off Kumba sales adjustment after AMSA mothballs Saldanha Steel

KUMBA Iron Ore reduced sales guidance for 2019 by up to 1.5 million tons (Mt) to between 41.5 to 42.5Mt owing to the planned...

Alphamin eases liquidity stress as mining, logistical and market headwinds persist

ALPHAMIN agreed new payment conditions with customers and amended a loan as it tackled the impact of a bridge collapse affecting exports, and increased...

NEWS IN BRIEF

Bushveld extends arm into vanadium redox flow battery manufacturing industry

BUSHVELD Minerals will lead a consortium in the buyout of Enerox - a €11m (£9.42m)...

Zimbabwe to more strictly impose ‘use it or lose it’ policy on mining firmss

ZIMBABWE would more strictly enforce rules requiring mining companies to mine their reserves instead of...

Gold Fields would consider South Deep deal once mine proves its cash credentials

GOLD Fields was open to a deal on its South Deep mine, said Bloomberg News...

Wescoal coal output wobbles in first half marked by corporate M&A failures

WESCOAL Holdings spent R18m on new business transactions that did not materialise in the six...

Barrick Gold’s Bristow considering growth in “strategic, modern” metal, copper

BARRICK Gold is on the lookout for growth in the copper industry either through exploration...

Bullion’s price motivates raised cash payouts but discipline remains key to gold sector

THE improvement in cash returns by some gold mining companies in the US was motivated...

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