B2Gold brings curtain down on all-action acquisition strategy
B2GOLD has brought the curtain down on its all-action, growth-through-acquistion strategy because gold's return to favour among investors was increasing valuations whereas for the...
Gold edges towards $1,400
Gold hit another record around $1,394/oz before speculators cashed in, but an unpopular decision by the Federal Reserve could still spur buying.
Amplats pays R900m dividend as five-year strategy bears fruit
ANGLO American Platinum (Amplats) placed the cherry atop its painful five-year restructuring strategy by paying a R900m dividend - equal to R3.49/share - a...
SIOC awarded 100% of Sishen rights, conditions to cost R100m
A SEVEN year odyssey of litigation and acrimony regarding the mineral rights of the Sishen Iron Ore mine was brought to a close today...
Sibanye-Stillwater raises R1.8bn in gold prepayment
SIBANYE-Stillwater has refinanced its rand revolving credit facility (RCF) increasing it to R6bn and sold R1.8bn of gold forward through a “prepay” arrangement to...
Shanta Gold shares register new all-time high after firm posts first...
SHANTA Gold had undertaken "enormous deleveraging", according to CEO Eric Zurrin in notes to the UK-listed firm's second quarter results.
The firm was $2.1m net...
COVID-19 hits mining industry jamboree PDAC with other conferences disrupted
COVID-19 is making its presence felt in the world's mining industry in more ways than one, according to Reuters which said concerns about the fast-spreading...
BHP scouted Anglo’s Mark Cutifani as possible successor to CEO Andrew...
BHP is thought to have paid its rival Anglo American the ultimate compliment by asking its CEO, Mark Cutifani, if he would be interested...
Anglo sells Eskom mines to Seriti Resources for R2.3bn
ANGLO American has agreed to sell its Eskom-dedicated thermal coal mines to Seriti Resources Holdings, a company led by Mike Teke which said the...
DRC lifts mining ban
The DRC government says it is lifting a six-month ban on mining in conflict-plagued east Congo amid condemnation by critics.