Russian firm hires ex-Anglo director
Russian steelmaker Severstal has recruited former Anglo American executive Philip Baum to head the $4bn flotation of its gold unit, according to reports.
Lucara issues C$38m in shares with diamond market, trademark Karowe recoveries...
LUCARA Diamonds is to raise C$38m through a combination of public and private share offerings just as a recovery in the diamond market begins...
Gemfields “firing on all cylinders”, says Gilbertson after unveiling maiden dividend
FINALLY, the long-suffering shareholders in Gemfields are starting to see a return on their investments after some 15 years in the wilderness since the...
“Sand shifting beneath our feet”, warns Anglo’s Cutifani as mining urged...
IT fell to the world's mining industry to become relevant to society in order to remain sustainable, said BusinessLive citing the comments of Mark...
Bristow defends frugal dividend as “big capital” looms
BARRICK Gold has reported a whopping 963% jump in free cash flow to $340m for the June quarter underscoring what the soaring gold price...
Dividend bonanza for BHP backers
BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.
Perseus targets 300,000 oz high road gold output as starts work...
PERSEUS Mining brought the curtain down on a successful production year for 2019 in which it also made important advances in balance sheet management...
Aurora’s Zuma, Mandela granted time
Zondwa Mandela and Khulubuse Zuma and other directors of Aurora Management Systems are expected to get more time as they fight R1.8bn in legal claims.
ArcelorMittal mum on new offer for Zisco
It is unclear whether ArcelorMittal SA, the South African arm of the world's largest steel producer, will re-bid for a stake in Zimbabwean Iron and Steel Company (Zisco).
Barrick beats expectations for second quarter profit
BARRICK Gold beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal, said...