Lucara sets out $195m underground extension at Karowe
LUCARA Diamond Corporation outlined plans for a $195m underground extension of its Karowe diamond mine in Botswana following publication of a preliminary economic assessment...
Can mining executives ever truly win back the trust of investors?
MINING shares may be back on the screens of investors globally, but they are not viewed with quite the same sense of unbridled enthusiasm...
South32 defends buy-back, denies plan is to boost executive pay
THE mining cycle may have well and truly turned to the positive again, but one company declining to dive into corporate activity in favour of...
Mike Salamon, former Gencor, BHP executive passes away
FORMER Gencor and BHP Billiton executive Miklos (Mike) Salamon passed away earlier this month, according to an announcement on October 25 by GEM Diamonds...
Debt levels “nowhere near” dangerous, says Froneman
SIBANYE-Stillwater would end its 2017 financial year in considerably calmer waters following an action-packed first half to the year. Gold and platinum group metal...
Chamber of Mines opens door (again) to talks with Gigaba
SOUTH Africa's Chamber of Mines opened the door for negotiations with Finance Minister, Malusi Gigaba, saying that a stable and predictable business environment would...
Sibanye-Stillwater to post loss of at least R4.6bn for 2017
SIBANYE-Stillwater is to post an attributable loss of at least R4.6bn, equal to $350m, for its 2017 financial year ending December 31, the Johannesburg-listed...
Anglo heading for solid production year led by diamonds, iron ore
ANGLO American is poised to turn in a solid production year announcing today year-to-date copper equivalent production across all its operations some 8% higher with...
South32 takes cash to $1.69bn but warns of global cost pressures
SOUTH32 took net cash to $1.67bn in the first quarter of its 2018 financial year despite an increase in working capital requirements, its buy-back...
Zwane hits out at critics saying he “… created thousands of...
EMBOLDENED by South African president Jacob Zuma's decision to retain him in cabinet, mines minister, Mosebenzi Zwane, kicked back against attempts to "... try...