DRC miners join forces to oppose the new draft mining code
Major international mining groups including Glencore, Ivanhoe Mines, Randgold Resources and AngloGold Ashanti have voiced their “deep concern” over the revised draft mining code...
Frandsen insists Pallinghurst unfazed by Sedibelo cash burn
PALLINGHURST Resources is prepared to bide its time with its stake in Sedibelo Platinum Mines despite pressing buttons in the rest of its investment...
Bushveld Minerals eyeing £100m magic figure as builds momentum
IT'S been an important year for Bushveld Minerals, the UK-listed company which recently spun off an investment in South African and Namibian tin into...
Zimbabwe flatters to deceive as reform doesn’t extend to mining
ZIMBABWE'S new cabinet has retained the controversial 51% indigenisation thresholds for foreign diamond and platinum miners, but it has deferred a 15% tax on...
Pallinghurst unveils buy-back, UK shift as metamorphosis continues
PALLINGHURST Resources pressed on with a strategy to give fresh impetus to its investment case after earlier this year converting to an operating company, and...
South32 trims capital guidance, balance sheet keeps sturdy look
SOUTH32 has trimmed its sustaining capital number for its 2018 financial year to $470m from previous guidance of $500m after deferring the underground development of its...
ARC confident Kropz will overcome water, commissioning troubles
PATRICE Motsepe's Johannesburg-listed financial services company, African Rainbow Capital (ARC), was confident commercial production at its 26%-owned Kropz, which owns the Elandsfontein phosphate mine,...
Zimbabwe to miss out on energy mineral spend despite regime change
WHILE Zimbabwe has the geological resource base to step up production of lithium the political risk in the country is still so great it...
Lonmin crisis coming to a head after PIC demands board seats
SHARES in Lonmin were under renewed pressure amid comments attributed to Daniel Matjila, CEO of the Public Investment Corporation (PIC), that the platinum miner...
Market mismatch not recognised in Glencore, BHP, Anglo shares
IT'S long been acknowledged that trading in gold shares is a job for the professionals. For the rest, there’s the diversified mining firms, or...