Lucara studying finance options for $514m Karowe expansion as COVID-19 addles...
LUCARA Diamond Corporation is weighing the proportion of cash it can put into the proposed $514m underground expansion of its Karowe mine in Botswana...
ARM is on the acquisition trail and assessing new copper projects
WITH net debt down to around R1bn, African Rainbow Minerals (ARM) is keen to embark on new merger & acquisition (M&A) activity and first...
RBCT agrees to export terms with Optimum Coal owner
RICHARDS Bay Coal Terminal (RBCT) said it had agreed export terms with Optimum Coal, the Mpumalanga province operation which was once owned by the...
Glencore slapped with $150m compensation claim
GLENCORE has been found by the Attorney General of Switzerland (OAG) to be criminally liable for failing to prevent the bribery of an official...
BHP fails to shine
BHP Billiton fails to shine in its September quarter and declares force majeure at its Olympic Dam uranium and copper mine.
Bushveld extends arm into vanadium redox flow battery manufacturing industry
BUSHVELD Minerals will lead a consortium in the buyout of Enerox - a €11m (£9.42m) deal that broadens its participation in the downstream vanadium...
Acacia accepts 50% lift in royalty as Tanzania turns the screw
ACACIA Mining will comply with part of newly enacted legislation in Tanzania which increases revenue-based royalties to 6% from the previous levy of 4%.
The...
Pressure on AngloGold shares “overdone” with UK move likely to trigger...
THE sell off in AngloGold Ashanti shares following soft third quarter production numbers was "overdone", according to a report by Goldman Sachs.
Another bank, RBC...
Zuma promises ‘competitive’ mining sector
President Jacob Zuma has promised to keep the country's powerful mining sector "globally competitive".
DRDGold likens re-opening of ERPM as “akin to South Deep” as...
DRDGOLD'S attempts to monetise mineral resources held in ERPM (East Rand Proprietary Mines), a property that had been mined for over a century until...