Marketing focus to be feature of independent De Beers
DE Beers has amassed a stockpile of diamonds worth $2bn – the largest since the 2008 world financial crisis – following a period of...
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...
Barrick threatens to suspend Mali mine amid deadlock
UNLESS the blockage of gold shipments from Barrick Gold Corporation’s Loulo Gounkoto mine in Mali is lifted, Barrick will be obliged to suspend operations...
Rainbow Rare Earth study pin points high margin potential
AN interim economic study by Rainbow Rare Earths into extracting rare earth elements from the Phalaborwa phosphogypsum stacks shows the project would have an...
Resolute toes the line on Mali’s Mining Code as CEO takes...
Gold miner Resolute Mining will make a third and final payment of $30m to the government of Mali at the end of this month,...
Pan African sees production accelerating in the next six months
Surface and underground gold miner Pan African Resources expects to grow output by 16% to about 215,000oz of gold in its current year, at...
Endeavour’s Assafou PFS shows potential to become a tier 1 asset
Endeavour Mining’s completed pre-feasibility study (PFS) for the Assafou-Dibibango gold project in Cote d’Ivoire confirms the potential for the project to become a tier...
Mozambique’s post-election unrest jeopardises production from South32’s Mozal smelter
South32 said on Tuesday it was withdrawing its current production guidance for Mozal Aluminium as transport of raw materials to the smelter in Mozambique...
Thungela exports more coal as Transnet gains traction
THERMAL coal miner Thungela Resources will deliver an above-forecast increase in export sales from South Africa in its financial year to end-December, largely due...
Sibanye-Stillwater sells Beatrix 4 and Beisa project but retains uranium exposure
Sibanye-Stillwater has agreed to sell its mothballed Beatrix No 4 shaft, including the Beisa uranium project, to LSE- and A2X-listed Neo Energy Metals for...