Reginald Demana steps down from Wescoal Holdings, Ramaite takes up interim...
REGINALD Demana has stepped down as CEO of Wescoal Holdings, the company said in a statement to the Johannesburg Stock Exchange today.
Demana, the former...
Guinea mineral economy slumps amid chaos
Guinea's production of bauxite slumped more than a fifth according to a government report which blamed the decline on "institutional instability".
SA family plots return to mining after raising $360m for African...
AFRICAN Gold Acquisition Corporation, a special purpose acquisition company targeting gold assets on the continent, raised a more-than-expected $360m ahead of a listing in...
Sibanye-Stillwater takes up bargain R1bn option to lift stake in DRDGold...
SIBANYE-Stillwater has extended its stake in DRDGold to 50.1% in terms of an option agreement signed in 2017.
The precious metals producer bought a 38.5%...
Four miners trapped at Sibanye mine pass away, search continues
FOUR of 10 employees recovered from the Masakhane mine at Sibanye-Stillwater's West Rand Driefontein operations had passed away, the firm said today. Operating activity at the...
China’s largest cobalt producer agrees to halt buying from individuals in...
HUAYOU Cobalt, China's biggest cobalt producer, will stop buying from individuals in the Democratic Republic of Congo (DRC) owing to pressure from customers and...
Metorex focuses on cutting debt
Metorex, which has sold off a number of assets, is continuing to look for ways to cut debt sharply by December. It posted disappointing full-year results.
‘We want to be as big as Anglo,” says Seriti’s Teke
MIKE Teke, chairman of Masimong Group Holdings, is not wanting for ambition.
Masimong Group’s 25% stake in Seriti Resources, the company that earlier this month...
Glencore cuts copper, zinc guidance, African copper tracks new output target
GLENCORE would produce slightly less copper and zinc this year than previously forecast, said Bloomberg News citing the Swiss group's third quarter production numbers.
Glencore...
Orion fleshes out $8m equity raise, but all eyes now on...
ORION Minerals today fleshed out an $8m equity raise which it will use to help fund project financing for its Prieska zinc-copper project, a...