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Zimbabwe economy at “tipping point” after suspending publication of inflation data

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ZIMBABWE'S economy was close to complete breakdown, said Bloomberg News citing economists who said the government's decision to black out inflation data reminded them...

Great Basin taps market for Burnstone funds

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Great Basin Gold has shored up its balance sheet again, raising R378m that is to protect the company against possible shocks at its Burnstone mine.

Northam Platinum extends Zambezi Platinum stake to 70%, buying R3.5bn shares

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NORTHAM Platinum extended its stake in Zambezi Platinum to 70% from 46.7% after confirming today the purchase of R3.5bn preference shares in the company. The...

Thermal coal helping South Africa to keep inflation in check

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SOUTH Africa’s reliance on coal to generate most of its power has earned the country thirteenth place among the world's largest greenhouse gas emitters...

BHP retains coal business as miners, investors take nuanced view of...

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BHP'S announcement on Thursday it would retain its New South Wales Energy Coal (NSWEC) business has provided further evidence of a shift in attitudes to decarbonisation,...

Namibia seeks bigger De Beers marine stake

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Namibia's government will pay N$375m to increase its stake in De Beers' offshore operations, reports the Namibian Sun.

PIC suspends Fidelis Madavo amid questions of R4.3bn investment in Ayo...

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FORMER mining analyst and the current head of listed investments at the Public Investment Corporation (PIC), Fidelis Madavo, has been suspended by the government-owned...

Jubilee Metals to relocate chrome facility from Dilokong as lockdown affects...

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JUBILEE Metals Group is to relocate its chrome facilities currently located at the Dilokong Chrome Mine (DCM) to its larger operations at Inyoni and...

Exploration sector “feels it” when sovereign risk rears head

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REGULATORS and governments should take note: public perceptions count, and investors vote with their feet and cheque books. Errol Smart, CEO of Orion Minerals, and...

Guinea mineral economy slumps amid chaos

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Guinea's production of bauxite slumped more than a fifth according to a government report which blamed the decline on "institutional instability".