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Anglo “more optimistic” on De Beers sale after China stimulus

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ANGLO American CEO Duncan Wanblad ruled out "a flip-flop" on plans to sell the group's 85% in De Beers and said China's stimulus this...

So far, AngloGold is on the right side of Centamin pricing...

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ANGLOGOLD Ashanti's surprise $2.5bn swoop on UK-listed gold miner Centamin ushers in a new phase for Alberto Calderon, who marks his third year as...

Kodal warns of delay to Bougouni lithium project

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FIRST production from the $65m Bougouni Lithium Project in Mali would be delayed to the first quarter of 2025, said the venture's developer, London-listed...

Asante Gold raises US$100m in share issue

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CANADA'S Asante Gold Corp. said on Wednesday it had raised US$100m through the sale of shares to a strategic investor. About 90.7 million shares were...

Anglo surges 7.7% on JSE but China stimulus may not deliver

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MINING shares leapt in Johannesburg following Tuesday's news of China stimulus efforts with Anglo American leading the way. The UK miner gained 7.68%, while shares...

Pan African cracks US index after Van Eck takes 5.9% stake

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PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a...

Froneman says Sibanye-Stillwater will not be “a dinosaur”

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IT was the familiar shape of Neal Froneman that took the helm at Sibanye-Stillwater’s interim results presentation earlier this month, but what he had...

Kabanga Nickel in spotlight as West forms minerals coalition

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THE US government is due to unveil financing for the Kabanga Nickel, a project in Tanzania in which BHP has a 17% stake. The commitment...

Gold Fields paid premium for Osisko to avoid ‘another Yamana’

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GOLD Fields is one of the companies criticised for overpaying for assets following its C$2.16bn Osisko Mining takeover last month. Concluded at a 55% premium,...

World’s largest banks to throw weight behind nuclear energy

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FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...