SA’s Mantashe: stuck in an endless BEE loop
THERE'S a long-standing view around town that the South African Government gaslights its mining industry with horror legislative proposals as a negotiating technique.
There may...
Mali court places Barrick gold complex under administration
BARRICK Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a...
Debswana seeks $6bn for Jwaneng underground project
BOTSWANA'S diamond giant Debswana is exploring international financing options for a $6bn underground mining project at Jwaneng, according to a report by Reuters. The...
Gemfields ruby auction realises $31.7m
GEMFIELDS reported strong demand for fine-quality rubies on Monday despite market turbulence, with its latest mixed-quality ruby auction generating $31.7m in revenue.
"Demand and pricing...
Mining giants face leadership shake-up amid push for M&A
THE world's biggest mining companies are undergoing an unprecedented leadership overhaul as investor impatience with mergers and acquisitions features as a major reason for...
Mali Plans Gold Refinery with Russia
MALI'S government has announced plans to establish a new state-controlled gold refinery in partnership with Russia's Yadran, as the West African nation seeks to...
Harmony hoping to export its operational nous to Australia
NOW we know what Harmony Gold intends doing with all that cash it’s built up since the gold price went into overdrive early in...
ARM hedges Harmony stake to boost acquisition firepower
AFRICAN Rainbow Minerals has hedged 24% of its stake in Harmony Gold to improve liquidity and position itself for potential acquisitions, according to BusinessLive.
The...
Barrick removes Mali complex from 2025 gold forecast
BARRICK Mining has excluded its Mali gold complex from overall output forecasts for 2025 as a two-year dispute with the West African nation's military...
Ivanhoe cuts copper output guidance after seismic disruption
IVANHOE Mines has slashed its annual copper production guidance to between 370,000 and 420,000 tons after seismic activity forced the closure of part of...