Afrimat starts recovery but Nkomati mine hangs in balance
SHARES in diversified minerals company Afrimat improved six percent in early morning Johannesburg trade on Thursday after interim numbers to end-August demonstrated signs a...
South32 open to more portfolio changes, says new chair
SOUTH32 chair Karen Wood will retire early next year after six years in the role, with mining veteran and former Anglo American CFO Stephen...
Gold trade to enter period of investor-driven volatility
GOLD'S extraordinary ascent has entered a new phase marked by heightened volatility as speculators increasingly drive price movements, said Reuters on Thursday.
The newswire added,...
Gold rout extended but tipped to regain momentum
GOLD extended losses in volatile trading following its worst rout in more than 12 years, though analysts expect the metal to regain momentum in...
Angola to inaugurate first major copper mine
ANGOLA will shortly commence production at its inaugural large-scale copper mine as the oil-dependent nation seeks to diversify into clean energy minerals, said Reuters...
RBM may fall into China’s lap if Rio proceeds with swap...
RICHARDS Bay Minerals could fall into Chinese hands if majority shareholder Rio Tinto offers the titanium miner as part of an asset for shares...
Rio Tinto explores Chinalco stake reduction deal
RIO Tinto is considering an asset-for-equity arrangement with Chinalco that would reduce the Chinese investor's 11% holding, enabling the miner to restart share buybacks...
London bullion chief seeks gold futures revival
THE new chair of the London Bullion Market Association has urged the revival of gold futures trading in the UK despite earlier failed attempts...
Mali resumes production at seized Barrick gold mine
OPERATIONS have restarted at Barrick Mining Corp.'s Loulo-Gounkoto gold mine in Mali following a nine-month shutdown, said Bloomberg News which cited unnamed sources.
The Canadian...
Gold falls most in 12 years after record run
GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs.
Gold plummeted as...