Barrick has been too reticent on M&A, says chairman
JOHN Thornton listed a reticence in mergers and acquisitions as a number one mistake since becoming a director of Barrick Gold in 2012.
"Barrick has...
Minerals Council urges GNU to take mining seriously
MINERALS Council CEO Mzila Mthenjane believes it is "absolutely critical" that the newly-formed Government of National Unity (GNU) will view business as partner in...
Diamonds in ‘downward spiral’ as De Beers sales falter again
ROUGH diamond sales fell again for De Beers with no signs of the much desired diamond market recovery on the way.
Al Cook, De Beers...
Global miners facing 80% haircut in 2023/24
NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another...
Exxaro to boost coal exports as circumvents struggling RBCT
EXXARO Resources forecast a nine percent period-on-period improvement in coal exports after finding alternative routes for its sales.
The Johannesburg-listed firm said in an update...
Lucapa Diamond Co. sells Mothae to local contractor
LUCAPA Diamond Company is to sell its 70% stake in Mothae mine to Lephema Executive Transport, a local company that supplies services to the...
Laboratories overwhelmed by glut of copper projects – Smart
AN increase in copper exploration had overwhelmed accredited laboratories responsible for assay reports, said Orion Minerals CEO and MD Errol Smart.
Announcing assay results from...
Jubilee secures open pit mines in Zambia for Sable expansion
JUBILEE Metals Group said on Monday it had secured low grade copper stockpiles which would support the planned expansion of its Roan concentrator in...
Copper 360 anticipates dividend despite missed targets
IT'S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent...
Paladin makes C$1.1bn all-share bid for Fission Uranium Corp.
PALADIN Energy today announced an all-share takeover of Toronto-listed Fission Uranium Corp. which values the Canadian firm at C$1.1bn.
A special committee appointed by Fission...