Markets

Cash positive Kenmare to revisit debt structure deemed “not fit for...

KENMARE Resources would be able to fund $70m in development capital in its 2019 financial year using internally generated cash flow, but the company...

SA to extend standing credit facility to help revive Zimbabwe economy

SOUTH Africa would assist Zimbabwe with financial aid in an effort to help President Emmerson Mnangagwa’s country revive its economy, said Reuters citing the...

Rainbow Rare Earths targets cash-flow breakeven by end of 2019

AIM-listed Rainbow Rare Earths said it aimed to become cashflow breakeven in its 2019 financial year provided it was able to bring four mining...

Merafe ponders dividend approach in new net cash era, volatile pricing

MERAFE Resources paid a six South African cents final dividend, taking the total dividend for the 2018 financial year to 14c/share or R351m, and...

Lift in chrome quality expected to boost Bauba Platinum in second...

AN upgrade in the chrome processing facilities of the Moeijelijk Chrome mine owned by Bauba Platinum, and the addition of a new sales contract,...

How taking the helm of coal miner MC Mining made David...

HE may once have sat at the other end of the negotiating table from former Zimbabwean president, Robert Mugabe, and dealt in platinum projects...

Market shrugs off battle of wills as AMCU gold strike nears...

SHARES in Sibanye-Stillwater are nearly 72% higher since the Association of Mineworkers & Construction Union (AMCU) started its strike at the company’s South African...

Zimbabwe to allow mining firms to import own fuel as dollar...

MINING companies operating in Zimbabwe will be allowed to import their own fuel in order to lessen the impact of shortages that have gripped...

Khulubuse Zuma may have lied about financial affairs as Pamodzi liquidators...

KHULUBUSE Zuma, nephew of former president Jacob Zuma, is back in negotiations with the liquidators of the Pamodzi mining group to pay more than...

DRC president, Felix Tshisekedi, ambiguous on application of new mining code

FELIX Tshisekedi, the newly elected president of the Democratic Republic of Congo (DRC), gave mixed messages on how he would implement a recently promulgated...