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Barrick identifies North Africa as one of new gold regions about...

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BARRICK Gold listed North Africa has one of the regions about which it was most excited in terms of resource growth, as well as...

Storms cause BHP to close coal mines

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BHP Billiton has declared force majeure on some coal operations in Queensland's Bowen Basin.

ARC writes down Elandsfontein project as Kropz sent back to the...

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THE proposed Elandsfontein phosphate mine in South Africa's Western Cape is facing additional delays, said African Rainbow Capital Investments (ARC), the Johannesburg-listed firm which...

Diamonds in ‘downward spiral’ as De Beers sales falter again

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ROUGH diamond sales fell again for De Beers with no signs of the much desired diamond market recovery on the way. Al Cook, De Beers...

Amplats’ Griffith determined to prove platinum doubters wrong

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THE stock market responded to Anglo American Platinum’s (Amplats') excellent interim results with apparent indifference knocking the price down around 1% at one point...

RBCT coal line re-opens

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Transnet Freight Rail has re-opened the coal export line - from Ermelo to Richards Bay - after a 20 day shutdown for maintenance and improvement.

Petra surprises on net debt but misses on 2024 production

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PRODUCTION from Williamson mine in Tanzania and receipt of revenue from a delayed sale enabled Petra Diamonds to cut net debt as of its...

Glencore to buy Mercuria stake

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Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.

Sibanye cuts Stillwater rights issue to $1bn as conditions improve

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SIBANYE Gold confirmed today it had received US regulatory approval for its $2.2bn bid for Stillwater Mining and said it would restrict the rights...

Master Drilling “blindsided” as auditor demands write-down

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MASTER Drilling’s 75% drop in profit for the six months to end-June was courtesy of the accountants forcing the company to make write-downs on...