R4.2bn manganese smelter to boost Coega
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.
Europe, US to blame for allowing Wagner Group to grow in...
MARK Bristow, CEO of Barrick Gold and a long-standing investor in West Africa through his former company Randgold Resources, said Europe and the US...
Pan African cuts payout after year of production headaches
PAN African Resources (Pan African) cut the final dividend 62% to R185m following a difficult operational year characterised by hindrances and vexations which resulted...
DiamondCorp raises more money for Lace
Fund raisings by Firestone Diamonds and now DiamondCorp indicate investor sentiment towards the diamond mining sector is improving, which is good news for DiamondCorp.
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".
Aquarius’ R1.25bn Booysendal deal on the brink
It's been two years since Northam Platinum agreed to sell Aquarius Platinum 31
million ounces contained in Booysendal South in which time DMR approval has been
pending.
JSE to roll out coal futures market
The JSE and London Commodity Brokers will this month roll out South Africa's coal futures market with the launch of two inland 'coal pantries'.
Hummingbird looks ahead but admits to debt pressure
HUMMINGBIRD Resources is predicting a strong recovery in the second half of its financial year to end-December after losing $13.5m in the second quarter...
Botswana Diamonds, Vast JV is “first step” into Zimbabwe
BOTSWANA Diamonds’ move to set up a joint exploration venture with London-listed junior miner Vast Resources looking for diamond deposits in Zimbabwe is a...
Atha Africa condemns CER ‘lies’ as it prepares Yzermyn
THE Centre for Environmental Rights (CER), which represents groupings such as Earthlife Africa, has been rattling some cages in South Africa's coal mining sector...