Gold rises for third straight day
Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.
Kore considering sale of DX project as grapples with $1.8bn Kola...
KORE will consider selling its Dougou Extension potash deposit in the Republic of Congo as it nears approval of the $1.8bn Kola project.
Kola and...
Northam enters PGM recycling sector after R139m A-1 deal
NORTHAM Platinum has stepped into the platinum group metal (PGM) recycling business after unveiling a $10.7m (R139m) deal in which it will buy a...
Fallout continues at Heaven-Sent after manager found “grossly negligent” of gold...
A SENIOR manager at Heaven-Sent Gold SA, the parent company of Village Main Reef (VMR), has been found to be "grossly negligent" - a development...
AMCU lifts curtain on platinum wage talks with R12,500 demand
THE Association of Mineworkers & Construction Union (AMCU) intends to kick off wage negotiations in the platinum sector on July 12 at Impala Platinum...
Ramos to step down from AngloGold Ashanti board in May
ANGLOGOLD Ashanti said on Friday chairperson Maria Ramos is to retire in May. She will be replaced by Jochen Tilk, currently an independent non-executive...
Barrick will do M&A my way says CEO Mark Bristow
BARRICK CEO Mark Bristow confirms that he and his chairman John Thornton are “100% on the same page regarding merger and acquisition (M&A) activity...
Sasol confirms rights issue discussions as another day of brutal trade...
SASOL, the South African petrochemical group, acknowledged it was considering a rights issue in order to ease pressure on its balance sheet.
Commenting today following...
JCI’s Gray in firing line over salaries, fees
Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.
Botswana prepared to “walk away” from diamond talks with De Beers
BOTSWANA would be prepared to walk away from negotiations with De Beers regarding the renewal of a diamond sales agreement, said Bloomberg News.
Citing comments...