Petra Diamonds abandons ‘regular tender cycles’
PETRA Diamonds has abandoned regular diamond tenders in favour of opportunistic sales as the market for unpolished goods continues to struggle.
Commenting in a sales...
Omnia declares second special dividend running
SOUTH African chemicals company Omnia Holdings declared a special dividend for the second consecutive year on Monday, as its expanding explosives business helped counteract...
Partnerships will transform Africa’s mining sector
AFRICA'S mining sector stands at a crossroads. With its vast mineral reserves, the continent possesses the resources to power the next phase of development...
A year after unveiling its restructure, Anglo has surprised the market
Voicemail is on the decline globally, 8% lower since 2020, according to US company Vonage. Coca-Cola removed it from its corporate headquarters three years...
Sale of De Beers draws interest from former CEOs: report
ANGLO American's planned sale of De Beers is drawing interest from former CEOs of the diamond mining giant, Bloomberg News reported on Thursday.
The disposal...
Jubilee to ease pressure with $90m sale of SA business
JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa.
Commenting on the planned...
Abu Dhabi’s IRH to buy Alphamin control for C$503m
INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE's International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin...
Harmony fosters inclusive development in North West province
IN a continued effort to foster inclusive development, Beyers Nel, Group CEO of Harmony, recently met with the Premier of the North West Province...
Shuka unfazed by legal storm over copper target Kabwe
COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since...
Central banks the force behind record gold rally, says report
CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...