West African weighs share buy backs or maiden dividend
WEST African Resources may buy back shares or pay a maiden dividend once it had reduced net debt, said the company's CEO and executive...
Metal prices were like a car wreck
The hope is that 2014 represents a low for commodity prices which had many-a CFO anxiously pouring over covenant triggers.
Sibanye-Stillwater to push ahead with Mt. Lyell copper study
SIBANYE-Stillwater today said it had exercised its right to buy Mt Lyell, a copper mine located in Tasmania.
An option to acquire Mt Lyell for...
New found resource nationalism may create complications for Barrick’s Bristow in...
A PROPOSED transaction in which Barrick Gold could share profits from its Acacia Mining with the Tanzanian government on a 50/50 basis could have...
Kodal shares under pressure as market absorbs tax dispute
SHARES in Kodal Minerals lost more ground on Wednesday as the market absorbed a dispute between the UK-listed firm and its joint venture partner,...
Kerr unfazed by South32 one-fifth value loss
Graham Kerr, CEO of South32, said disappointed expectations for certain metals were behind the one-fifth climb-down in the company's share price.
Lonmin distress unsustainable after suffers $1.05bn impairment
THE full extent of Lonmin's financial distress was made plain today following the publication of its 2017 financial numbers in which it posted a...
Trans Hex skids 20% after R87m reversal
Shares in Trans Hex lost 20% on the JSE after the company said interim figures would show a negative R87m reversal in fortunes.
Abel Malinga quits IDC on grounds of ill-health
Abel Malinga, 53, who has headed the Industrial Development Corporation’s mining and metals division since 2011, has resigned on the grounds of ill-health.
He has...
Christmas comes early for Gemfields through record revenues from booming emerald...
Coloured gemstone producer Gemfields is ending 2021 in fine style following booming sales at the emerald auction held from November 1 to December 6...