De Beers cuts output 3m carats as diamonds forecast to drift
DE Beers has cut its full year production guidance by three million carats to between 23 and 26 million carats (previously 26–29 million carats)...
Centamin interim dividend is despite slow start to 2024
CENTAMIN is to pay out 53% of interim cash flow after declaring a 2.25 US cents per share dividend. The payout is on the...
Anglo hopes to auction off coal mines as early as year-end
ANGLO American reported a 55 US cent per share interim loss on Thursday after writing down its investment in the Woodsmith fertiliser minerals project...
Tharisa signs 15-year renewables PPA for 44% of mine power
THARISA has signed a 15-year agreement to buy renewable energy from wind and solar farms in the Western and Northern Cape provinces, the platinum...
Botswana touts 24% stake in mining projects to citizens
BOTSWANA is expected to pass an amendment to its Mines and Minerals Act enabling citizens to buy a stake in mining projects when the...
Vedanta seeking partners for Konkola reinvestment
VEDANTA Resources is looking for business partners to boost output at the Zambian copper assets it’s regaining control of after years of legal battles,...
Is this the end of the mining house?
At his zenith as CEO of Anglo American, in 2019, Mark Cutifani described the group in new terms. It was a ‘materials solutions provider’,...
Kumba CEO convinced by Transnet turnaround prospects
KUMBA Iron Ore CEO Mpumi Zikalala said she was convinced Transnet was turning the corner despite her company enduring another disappointing rail and ports...
SA coal exports on target for 50Mt after promising July
COAL exports through the Richards Bay Coal Terminal (RBCT) should hit 50 million tons (Mt) this year compared with last year’s 47.2Mt – but...
Zambia targets one million tons of copper a year by 2027
ZAMBIA'S annual copper production will grow more than 40% to one million tons in 2027, said Bloomberg News citing the country’s Finance Ministry.
The Ministry...