Copper hits record after strong China data
Copper prices have risen to a record $9,103 a tonne, buoyed by strong Chinese macro-economic and output data.
Petra Diamonds launches $25m rights offer
PETRA Diamonds today launched its previously announced £18.8m ($25m) rights offer which forms a key part of steps aimed at keeping the company afloat...
Gold Fields warns of heavy hits to production in first quarter
GOLD Fields warned first quarter production would be lower than forecast owing to weather related disruptions at its Australian and South American mines while...
Gemfields evacuates Montepuez ruby mine as insurgency flares up at neighbour
MINING had stopped at Gemfields' 75%-owned Montepuez mine in Mozambique following an attack on a neighbouring property thought to be perpetrated by insurgents.
The ruby...
SA underpins widening platinum deficit
Johnson Matthey said closures and a loss of productivity would underpin a 78% increase in the platinum deficit, but added the price would still be contained.
Coal price saves Thungela’s skin amid TFR stumbles, growing impact of...
THUNGELA Resources expected to lose 600,000 tons of export coal revenue in its 2022 financial year owing to a deterioration in the performance of...
Resgen seeks to blunt hostile shareholder vote
Resource Generation wants the Takeovers Panel to stop South Africa's PIC as well as Altius Investments and Noble Group from voting to replace its board.
Tharisa to pay R303m for MCC mining fleet purchase
PLATINUM group metal (PGM) and chrome producer, Tharisa, confirmed plans to convert to owner-operatorship of its Tharisa mine near Rustenburg at a cost of...
Implats upbeat on year-end figures owing to higher PGM basket price,...
IMPALA Platinum (Implats) said it expected to produce improved full-year financial numbers for its 2019 financial year on the back of a lift in...
Harmony to target debt before deals; rules itself out of Acacia
HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...