First Quantum dismisses “false rumours” of Zambia mine sales
FIRST Quantum Minerals on Tuesday dismissed speculation it was planning to sell a stake in its Zambian copper mines.
"There is no truth in the...
Village looks for Lesego partner
Village Main Reef says it is looking for a partner to advance its sole platinum
asset as a pre-feasibility study shows a possible return rate of 18% for the
asset.
MC Mining says Uitkomst colliery resumes after losing about 5,600 tons...
MINING resumed at the Uitkomst Colliery in KwaZulu-Natal province, said 70% owner MC Mining in a statement to the Johannesburg Stock Exchange.
An estimated three-and-a-half...
Aquarius ices Everest, blames market, unions
Aquarius Platinum, in an effort to preserve cash amid crippling platinum group
metal prices, has put its Everest project on care and maintenance - the second
mine it has shelved in a month.
Glencore to pay $1.6bn dividend, will consider ‘top up’ payment on...
GLENCORE resumed dividends as flagged in December, saying in its 2020 year-end presentation today it would pay out 0.12 US cents per share, equal...
SA needs growth, not nationalisation says Godsell
SA needs to double the size of its economy within 20 years to deal with current social and economic inequalities, says Business Leadership SA chair Bobby Godsell.
Banks should be compelled to invest in new coal mines –...
SOUTH African banks Nedbank and Standard Bank should be compelled to invest in building new coal mines, said Bloomberg News citing the comments of...
Orion Minerals agrees new $3.6m loan facility with Tembo, extends convertibles
ORION Minerals, a Johannesburg- and Sydney-listed exploration company, said it had agreed with lender, Tembo Capital, that the UK fund provide a $3.6m loan...
De Beers SA sees 6.5 mln carats for 2011
De Beers expects its SA business to produce 6.5 million carats in 2011, a million less than 2010 as the effects of mine disposals filter down, says the division's CEO.
Orion looks for possible Northern Cape smelter synergies with Vedanta
Orion Minerals’ planned Prieska copper and zinc mine in the northern Cape could in the longer term explore smelting synergies with Vedanta Resources’ Black...