Sibanye-Stillwater sits out capital raise on copper project
SIBANYE-Stillwater gave further evidence of its domestic priorities, opting not to take up shares in Generation Mining, a Canadian firm developing a copper and...
Gemfields’ Montepuez ruby mine unable to pay group fees
GEMFIELDS’ Montepuez Ruby Mine (MRM) in Mozambique is currently unable to pay management and auction fees to the group, as weak ruby grades continue...
Loucas Pouroulis bows out after 15-year stint at Tharisa
THARISA founder Loucas Pouroulis is stepping down from the board after more than 15 years as chair, handing the role to lead independent director...
West African to pay out half of profits, but warns of...
WEST African Resources (WAF) expects full-year profit to come in at more than twice its first-half figure, with the gold miner set to pay...
Proposed mining laws show SA Govt has learnt nothing
SOUTH Africa's mining industry is "crawling on the floor" while mining in Australia, Canada, America and the rest of Africa is on a conveyor...
Burkina Faso joins Africa’s gold refining drive
BURKINA Faso has opened its first gold refinery as it seeks to process more of its mineral wealth at home, Bloomberg reported.
State-controlled Raffinor BF,...
Zambia’s ZCCM-IH accuses Abu Dhabi IRH of Mopani breaches
ZAMBIA'S state investment firm has accused Abu Dhabi-backed International Resources Holding of breaching agreements linked to its control of Mopani Copper Mines, Bloomberg reported.
ZCCM...
Mining majors chase scale despite failed megadeals
MINING companies are doubling down on mergers, joint ventures and partnerships as soaring project costs and geopolitical pressure make scale increasingly critical, Reuters reported.
Gold...
Gold Fields threatens to walk from Aussie tilt
GOLD Fields was prepared to walk away from a bid for Northern Star Resources, saying on Monday its $27bn offer did not "define" the...
Barrick reaches deal with Mali unions, averts strike
BARRICK Mining has reached a new labour agreement with unions at its Loulo-Gounkoto gold mine in Mali, easing the threat of strike action, Reuters...