Glencore sets aside $1.5bn in penalty provision as anti-graft investigations near...
GLENCORE has set aside $1.5bn in provisions related to penalties it believes may be imposed by anti-graft authorities which are currently running investigations into...
Kenmare edges to record annual ilmenite output in 2017
MOZAMBIQUE mineral sands mining firm, Kenmare Resources, was on target for 2017 production guidance of between 950,000 to and 1.05 million tonnes (Mt) of...
Bristow & Froneman: the last of the modern-day Randlords
CHIEF executive turnover is increasing in the world’s mining sector. It rose to 15.1% in 2023 from 14% a year earlier, according to a...
Wanblad’s new deal leaves Anglo future finely balanced
THREE weeks after rejecting the first of two takeover proposals from BHP, Anglo American has finally played its hand — proposing a restructuring that...
Num to go ahead with South Deep strike
Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.
Eskom slugs it out with National Treasury
The confrontation between Eskom and the National Treasury over coal contracts with Tegeta – a company controlled by the Gupta family – intensified today...
Galiano optimistic despite undershooting gold guidance
GALIANO Gold Corp said on Wednesday production for its 2024 financial year ended December 31 came in below revised guidance.
Listed in Toronto, Galiano Gold...
Amplats free of debt shackles, but it won’t sacrifice growth for...
ANGLO American Platinum (Amplats) said it was unlikely to change its mind on a special dividend because it was committed to "disciplined capital allocation" especially...
Petra reports diamond prices at pre-Covid-19 levels, but keeps guidance suspended
PETRA Diamonds reported declines in production and revenue for the first half of its 2021 financial year, but it said diamond pricing had returned...
Great Basin Gold slides on poor delivery
Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.