Perseus caps all-action year with A$100m share buy-back
PERSEUS Mining capped a strong, high activity performance for its 2024 financial year by announcing a A$100m share buy-back programme.
Jeff Quartermaine, MD and CEO...
Saudi’s rise in mining is breathtaking, and problematic
L ong the world's largest producer of oil, Saudi Arabia now seeks to unlock a treasure trove of minerals beneath its sands while using...
How train drivers and nurses helped fund SA copper firm
FOR a resource economy it’s curious there’s been so little mineral development by so-called junior miners in South Africa. However, a relatively minor capital...
CEOs caution against risks of new dealmaking wave
MERGER and acquistion activity in the mining industry could be about to take off again – a a prospect about which some company CEOs...
Master Drilling “blindsided” as auditor demands write-down
MASTER Drilling’s 75% drop in profit for the six months to end-June was courtesy of the accountants forcing the company to make write-downs on...
Endeavour settles sale dispute on Burkina Faso mines
ENDEAVOUR Mining said on Tuesday it had ended legal proceedings with Lilium Gold, a Burkina Faso company with which it had agreed in 2023...
South Africa’s illegal gold mining is surging again
Against the backdrop of record high prices for gold, Sibanye-Stillwater has reported a surge in illegal mining incidents and arrests around its South African...
Harmony Gold to write down Target North by R2.79bn
HARMONY Gold plans to write-down its Target North gold resource in the Free State province for R2.79bn – a development that takes the gloss...
SA copper developers define 2.5Mt in metal output
MINERAL exploration in the Northern Cape over the past five years suggests the once-thriving copper district could recapture some of its former glory. In...
How Draslovka is using a food additive to produce cleaner gold
ABOUT 10 years ago scientists at Curtin University in Western Australia discovered gold particles on plant leaves. They theorised that the gold molecules had...