AngloGold’s Mponeng impairment hits basic earnings, but gold price buoys headline...
ANGLOGOLD Ashanti said it would write-down its Mponeng and Mine Waste Solutions (MWS) by some $385m or 92 cents per share following the proposed...
Kumba lets fly at ICT testimony
Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.
Gecamines sues to “dissolve” Glencore-controlled Kamoto Copper
Gecamines - the mining and trading company owned by the government of the Democratic Repubic of Congo (DRC) - has started legal proceedings...
Afritin to raise £5.5m in bank debt for expansion of Uis...
AFRITIN announced it had agreed debt facility term sheet totalling £5.5m (N$100m) to scope the expansion of its Uis tin mine in Namibia.
This is...
Anglo springs $1.8bn in bond buy-back to ease net debt
ANGLO American said it had bought back $1.8bn in bonds which would reduce net debt by $130m and save it $190m over three years...
Pallinghurst shows its hand on Platmin
Brian Gilbertson has shown why he delisted Platmin late last year, announcing
a consolidation of the company with Pallinghurst and the Bakgatla community’s
other PGM interests in the region.
Endeavour’s Karma may move output to 600koz + in 2016
ENDEAVOUR Mining estimates its newly acquired Karma project, a property in Burkina Faso, will help boost 2016 production by about 100,000 ounces to just...
Wescoal rings in executive changes as Nedbank Capital’s Demana takes CEO...
MID-cap coal mining firm, Wescoal Holdings, said it had appointed Nedbank Capital resources banker, Reginald Demana, as CEO of the company, effective from April....
Talks with Botswana on new diamond deal held “in good spirits”...
ANGLO American CEO, Duncan Wanblad said negotiations over a new diamond marketing agreement between its 85%-owned De Beers and Botswana had been held "in...
Zim govt in talks with miners wanting time
Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.