DRDGold posts FY earnings surge
DRDGold has reported a 53% increase in full-year operating profit to R622m
from its Ergo asset, leading the gold producer to a 259% increase in headline
earnings per share.
Implats finally bows to Zim indigenisation laws
After more than a decade of controversy, it seems that Impala Platinum has finally bowed to Zimbabwe's indigenisation laws.
Botswana may pass on $1.26bn De Beers pre-empt
The government of Botswana has the right to buy its pro-rata stake in De Beers
from the Oppenheimer family, but it's thought it need not bother with the
$500m expense.
Hawks raid DMR, ICT over Sishen
The Hawks have raided offices of the DMR and Imperial Crown Trading as part of an investigation into the decision to award ICT a 21.4% prospecting right over Sishen mine.
KCM dispute shows no signs of easing after Musukwa labels Vedanta...
THE enmity between Vedanta Resources and the Zambian government shows no signs of easing after mines minister, Richard Musukwa, labelled the country’s mining sector...
Centamin more than doubles first quarter profit at Sukari
CENTAMIN, the UK-listed gold producer which operates the Sukari mine in Egypt, more than doubled its first quarter profits owing to higher production, better...
Guinea takes first steps to forming transitional government
GUINEA'S new military rulers took the first steps towards formation of a transitional government following the September 5 coup that ousted President Alpha Conde,...
Strike takes worrying slide into violence
One employee, believed to be an AMCU shop steward, died while another was injured as a strike at Amplats took a worrying turn for the worse.
Sibanye-Stillwater reports two mine fatalities at Kloof, third miner missing
TWO miners lost their lives whilst looking for a third who is still missing, said Sibanye-Stillwater, the gold and platinum group metals (PGMs) mining...
Exxaro’s Nkosi books R7.9m in share sale
Sipho Nkosi, CEO of Exxaro Resources, sold shares in his company despite the stock hitting a three month low last week on a forecast earnings could fall a fifth.