Gemfields’ bold re-invention put on hold as subsistence replaces indulgence
IT’S not often retail investors speak out at the presentations of companies in which they’re shareholders. But that’s what happened earlier this month to...
SA mining toils in post lock-down restart, but for gold miners...
THE South African government's is logical on paper: get the mining sector operating again and a substantial part of the secondary and tertiary sectors...
Alphamin to issue $35m in shares in bid to cut debt...
ALPHAMIN is to issue $35m in new shares in an effort to reduce debt by about a third and lower interest rate payments after...
Merafe Resources first quarter ferrochrome production ticks down 3.6%
FIRST quarter ferrochrome production declined 3.6% year-on-year, said Merafe Resources, which also confirmed operations had been placed on care and maintenance on March 24...
SA mining to resume 100% only when at high readiness to...
SOUTH Africa's mining sector will only be back at 100% operation once the government deems a moderate risk of COVID-19 infections and there is...
Anglo scales back Quellaveco project in 2020 as unveils $1.5bn in...
ANGLO American cut capital costs $1.5bn as part of its response to the COVID-19 pandemic, including reducing by up to $300m development work for...
Gemfields beefs up security at Montepuez after COVID-19 forces Govt. to...
GEMFIELDS has mothballed its Mozambique ruby mine, Montepuez, and heightened security at the premises as it sought to head off a renewal of illegal...
European Q2 ferrochrome price revives in much-needed boost for SA chrome...
THE European benchmark ferrochrome price increased nearly 13% to 114 US cents per pound for the second quarter of 2020, said Merafe Resources. This...
AMCU changes tack on opposition to mining resumption post-lockdown, asking for...
THE Association of Mineworkers & Construction Union (AMCU) has changed tack on a legal challenge to the resumption of mining in South Africa post...
Anglo unveils executive salary donations, unveils plan to match employee COVID-19...
ANGLO American unveiled a raft of financial aid and other measures aimed at easing the impact of the COVID-19 virus including a commitment by...