Cash flush Harmony never better placed to grow offshore
EXECUTIVES at Harmony Gold struggled to recall the last time the company had net cash. "Not in my lifetime," CEO Peter Steenkamp said in...
Botswana grants first manganese mining licence to Giyani
TORONTO-listed manganese developer Giyani Metals said on Wednesday it had been awarded a 15-year mining licence by the Botswanan government, a development that sets...
Wafer-thin palladium market soars on ‘confluence of factors’
THE double-digit increase in the palladium price on Wednesday was partly due to a proposed 200,000 ounce cut in annual supply of the metal,...
Russia discusses boosting mining ties with gold-rich Sudan
SUDAN, currently embroiled in a 17 month civil war, has discussed boosting cooperation in the mining sector with Russia, according to a report by...
Zambia’s mineral reforms pose “unprecedented threat”
PROPOSED ownership reforms in Zambia's mining sector posed an "unprecedented threat" to investors' rights, said the country's Chamber of Mines.
The Chamber was commenting in...
Sibanye-Stillwater targets uranium deal in six months
SIBANYE-Stillwater hoped to conclude a deal on its South African uranium resources within three to six months, its CEO Neal Froneman has said.
Froneman said...
Seriti Resources confirms plan to retrench 1,143 employees
SERITI Resources, a privately-held South African coal miner, plans to retrench 1,143 employees as some of its operations are "not commercially sustainable".
Middelburg Mine Services...
Zimbabwe ups efforts to stem illegal gold sales
ZIMBABWE is to intensify efforts to stem illegal gold flows by increasing surveillance at mining sites, said Bloomberg News.
Citing mines minister Winston Chitando, the...
Will BHP return for Anglo? Definitely, maybe
WILL BHP take a second shot at Anglo American when the UK’s six-month "put up or shut up" takeover rule lapses? 'Definitely, maybe', to...
Afrimat is a new breed of diversified miner
If there is a fatal flaw in mining companies, it is poorly timed capital allocation at the top of a particular commodity cycle. More...