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AngloGold teams up with Randgold to redevelop Obuasi

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More than a decade after Randgold CEO Mark Bristow fought AngloGold for control it seems the Obuasi mine in Ghana will now be developed on his terms.

Venkat leaves AngloGold Ashanti satisfied that Obuasi is on track

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Resolving  the issues between AngloGold Ashanti and the Ghanaian government over the Obuasi mine was a critical development before Srinivasan “Venkat” Venkatakrishnan stepped down...

South32 says deal with Seriti at risk unless Eskom agrees to...

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SOUTH32 CEO, Graham Kerr, has again emphasised the need for a positive outcome to the negotiations underway with Eskom over the "hardship clause" regarding...
Impala Platinum

Implats’ earnings crash as price weakness, Eskom weigh

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POWER supply reductions, cost inflation, and a decline in the basket price for platinum group metals (PGMs) weighed on Impala Platinum (Implats) in its...

AngloGold inks deal for 51pct of gold project

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Horizonte Minerals, the AIM-listed exploration and development company focused on mineral projects in Brazil, has announced that it signed a R32.7m earn-in agreement with AngloGold Ashanti.

DRDGold doubles cash at interim as benefits from FWGR, higher rand...

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FIRST production from Far West Gold Recoveries (FWGR) was a major contributor to DRDGOLD's first six months of its 2020 financial year after gold...

Lithium miner rails against tough Zimbabwe conditions

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POOR infrastructure and service delivery in Zimbabwe are compounding the impact of poor prices on lithium producers, said China's Sinomine Resource Group. Cited in a...

Hopes grow for platinum wage resolution

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Wage talks between platinum producers and the Association of Mineworkers & Construction Union convened by the Labour Court appear to have momentum.

Zambia’s permit overhaul won’t apply to existing licence holders

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PLANS by Zambia to appropriate shares in mining projects won't apply to any assets where licences have already been granted, said Bloomberg News. "No entity...

Amplats estimates R200m to R300m hit over three years owing to...

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SOUTH Africa’s new carbon tax could cost the company between R200m and R300m in the next three years, said Reuters citing the comments of...