Botswana reaps rewards of De Beers move
The move of the De Beers Diamond Trading Company from London to Gaborone
in Botswana is one of the biggest ever transfers of economic activity in the
history of Africa.
DRDGold shares up as Ergo shines
DRDGold’s Ergo surface operations has put in a strong performance for the
company, with promises of further upside as construction on another project
starts.
Codelco fails in bid for Anglo’s Chile profits
Chile’s Codelco has failed in its bid to seize more than $200m in profits from
Anglo American operations in the South American country over which it claims
part ownership.
Hostility grows over First Uranium deals
More First Uranium shareholders have indicated their opposition to the sale of
the company’s key assets, with some saying a bankruptcy process will serve
their interests better.
Anooraq soon to be ‘Atlatsa’
Anooraq says it will proceed with its proposed name change to Atlatsa Resources, following the approval of the move by the TSX Venture Exchange.
Forbes Coal in shares buyback
Forbes Coal says it will buy up to 5% of its own shares, a move prompted by the group's prevailing low market valuation.
Gold Fields shortens KDC’s estimates
Gold Fields’ Kloof-Driefontein complex on the West Rand, one of the country’s
largest gold mines, will be exhausted by 2028.
Anglo American sells Scaw’s SA assets
Anglo American has announced the final stage of its $1.4bn divestment from
Scaw Metals, selling the SA subsidiary of the steelmaker to a consortium of
companies.
CoAL takes delivery of Vele plant
Coal of Africa’s first producing coking coal colliery in South Africa, the Vele mine in Limpopo, has taken delivery of the plant from the project engineering consultants.
Lucara’s Karowe produces first diamonds
Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered.