Perseus Mining boosts interim net profit, lifts cash despite $99m capital...
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share.
The year-on-year improvement...
Glencore’s Glasenberg to consider future after fourth generation management installed in...
GLENCORE would install its next generation of managers in the early part of 2020 whereafter Ivan Glasenberg, CEO of the Swiss-based mining and trading...
Grootvlei to wade into acid water crisis
Aurora Empowerment Systems says the Grootvlei mine would double its capacity to pump acid mine water, possibly as early as Friday.
Gold Fields unveils balance sheet restructure with $1.2bn, ESG-linked facility
GOLD Fields has announced a major refinancing of its balance sheet including a restructuring of its $1.2bn revolving credit facility which has been extended...
RBPlat accelerates cost review, jobs at risk
The tough market conditions that have accounted for capital expenditure
cutbacks in the platinum industry claimed another scalp.
How to invest in gold
The Eurozone crisis, additional monetary easing in the US, and the threat of strikes in South Africa's gold industry has finally convinced you to get into the yellow metal. Here's how.
Reluctant boss, Venkat, was AngloGold’s change agent provocateur
For a person with an avowed dislike for change, it’s astonishing how much of it Srinivasan Venkatakrishnan (Venkat) has brought about at AngloGold Ashanti,...
South Africa’s Transnet wins court approval to stop ports strike
STRIKE action at some of South Africa's ports with potential to disrupt coal exports was narrowly avoided on May 29 after Transnet won a...
Banro facing share consolidation if fails to add vim to price
BANRO Corporation has six months to conduct a share consolidation or add fresh vim to its share price, the company said in an announcement...