Kumba reaches Faleme Project settlement
Kumba Iron Ore has announced that it has reached a settlement agreement with the Republic of Senegal and La Society des Mines De Fer Du Senegal Oriental, Senegal's state-owned development company, concerning the Faleme Project.
Gold to surge through $2,000/oz as US rates outlook provides lift
GOLD is tipped to surge through $2,000 per ounce as macroeconomic headwinds that kept the metal in check last year are expected to ease.
The...
Chinese group bid for Aurora mines “imminent”
A bid from a South African group backed by a Chinese consortium is preparing a bid for two gold mines managed by Aurora Empowerment Systems on behalf of the liquidators of the operations.
Rockwell Diamonds narrows FY headline loss
Alluvial miner Rockwell Diamonds has reported the narrowing of its full year headline loss per share to C$0.03 for the year to end February 2010 from C$0.05 previously.
Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.
Coal of Africa shares plunge
Coal of Africa shares plunged on the JSE during trading on Friday as the year-end results revealed the financial impact of operating problems at its Mooiplaats colliery.
Mantra eyes uranium mine inside Unesco site
Mantra Resources plans to build a $400m uranium mine inside a world heritage game reserve in Tanzania within the next three years, says a cabinet minister.
AngloGold upgrades payout policy to 50% of free cash flow
ANGLOGOLD Ashanti has capped a strong year of share price gains unveiling today an upgraded dividend policy in which it would pay 50% of...
Sibanye-Stillwater opens gates to some employees after UASA, Solidarity accept wage...
SIBANYE-Stillwater will open its gates to employee members of the Solidarity and UASA after the unions today unconditionally accepted the firm's gold wage offer.
The...
Implats’ Marula iced after ‘cluster’ of COVID-19 cases suggests high community...
IMPALA Platinum (Implats) confirmed 19 positive cases of COVID-19 at and around its Marula joint venture in South Africa's Limpopo province.
As a result, the...