Export price declines may sharpen coal shares
Despite perennial problems, coal mines can be great investments - if you get them at a decent price.
Gold One ‘won’t pay more’ for Ezulwini
Gold One International CEO Neal Froneman says the company won’t offer more for Ezulwini than the $70m already on the table, adding the asset is unlikely to be viable as a stand-alone entity.
AngloGold’s Dushnisky expects $202m in cash to be repatriated from DRC...
ANGLOGOLDÂ Ashanti was confident it would get release of some $202m in cash waiting for repatriation from the Democratic Republic of Congo (DRC).
"Barrick has been...
Rio Tinto reports record underlying H1 earnings
Anglo-Australian mining giant Rio Tinto has posted a 260% jump in first-half net earnings to a record $5.85bn and says China was key to its future.
Mugabe will make final call on PGM refinery
It would be left to Zimbabwean president Robert Mugabe and his coterie of close advisors to decide whether the country should have a platinum refinery in short order.
Petra Diamonds seals lock-up agreement, shareholders to vote on January 11
PETRA Diamonds said it had concluded an agreement with bondholders that paved the way for the conversion of up to $650m in debt to...
Vale to quit Mozambique coal and port assets as it chases...
VALE, the Brazilian mining firm, is to divest of its Mozambique coal and port projects as it pursues plans to become carbon neutral by...
Iron ore, PGMs see ARM power ahead, doubling interim dividend amid...
STRONG iron ore and platinum group metal (PGM) prices resulted in record interim headline earnings and a doubling in the dividend year-on-year for African...
PTM pays $8m to Liberty Metals after sale of RBPlat shares
PLATINUM Group Metals (PTM), the Toronto-listed minerals development company, said it had paid $8m to Liberty Metals & Mining Holdings on January 11 in...
Optimum Coal confirms bid interest
Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.