Endeavour to increase focus on “supplemental returns”
IAN Cockerill, CEO of Endeavour Mining, said the company will increase its focus "on supplemental returns" following a one-fifth leap in third quarter free...
Hummingbird shareholder in takeover talks
HUMMINGBIRD Resources' major shareholder is considering converting the company's growing debt pile to shares and delisting the company.
The UK listed miner said on Wednesday...
Time to rip up the rule book on runaway gold?
IT'S not often the head strategist at an organisation that promotes gold urges investors to be cautious about the metal. But that’s what John...
Kodal shares under pressure as market absorbs tax dispute
SHARES in Kodal Minerals lost more ground on Wednesday as the market absorbed a dispute between the UK-listed firm and its joint venture partner,...
Pan African unveils $54.2m push into Australian gold
PAN African Resources on Tuesday announced the $54.2m acquisition of Tennant Consolidated Mining Group, a privately held company in Australia that owns the Nobles...
Zambia’s permit overhaul won’t apply to existing licence holders
PLANS by Zambia to appropriate shares in mining projects won't apply to any assets where licences have already been granted, said Bloomberg News.
"No entity...
IRA amendment hands Sibanye-Stillwater R4.2bn benefit
AN adjustment to the US's Inflation Reduction Act (IRA) extending incentives to mining would add $240m (R4.2bn) in benefits to Sibanye-Stillwater's beleaguered US platinum...
Gold gives Sibanye-Stillwater much-needed Ebitda boost
THE surge in the gold price supplied Sibanye-Stillwater with a much-needed lift for the third quarter helping to boost adjusted Ebitda 9% to R3.3bn...
De Beers hopes of Botswana deal boosted by shock election
DE BEERS' plans to sign a new diamond sales agreement with Botswana would be boosted by last week's election result in which President Mokgweetsi...
Motsepe’s ARM faces $195m law suit in Tanzania – report
PATRICE Motsepe's African Rainbow Minerals (ARM) is facing a $195m claim in Tanzania amid allegations it breached a confidentiality agreement regarding a proposed joint...