Home News Page 1050

News

DiamondCorp confident over fundraising

0
DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.

Tanzania in $3bn Chinese coal, iron ore deal

0
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.

Zambia opposition ahead in presidential vote

0
Zambia's opposition leader Michael Sata has held on to his lead over incumbent Rupiah Banda, in the race to become the next president of Africa's biggest copper producer.

‘King Cobra’ Sata leads Zambia election count

0
Opposition leader Michael Sata has taken a lead in Zambia's presidential election, with 10% of votes counted.

Production disruption at Village’s Cons Murch

0
Village Main Reef says it has started a process to dismiss employees that have been participating in unprotected strike action at its Consolidated Murchison mine in Limpopo.

Gold weakens on dollar rally

0
Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.

Buy platinum metal, not the shares – JP Morgan

0
Investors should go for physical platinum and palladium in the short-term as the platinum mining companies battle operational headwinds, according to JP Morgan Cazenove.

Pallinghurst minds the gap as it targets LSE

0
The gap between Pallinghurst's share price and its net asset value has widened to around 50%, prompting chairman Brian Gilbertson to look at a listing in London to stimulate demand for the stock.

Shares to ignore silicosis threat, for now

0
As a new silicosis-related legal battle against Anglo American is set to start, analysts say it’s too early to determine whether there will be any future liabilities for mining firms.

Gem Diamonds unveils Letseng Star

0
Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.