All systems go for Arc’s Zambia copper JV with Anglo
Base metals exploration development company Arc Minerals says its copper JV with Anglo American in Zambia remains firmly on track.
Anglo in May rebuffed an...
Pan African says full year earnings to be 25-35% higher
THE improvement in the gold price and higher gold sales will help Pan African Resources to a 25% to 35% earnings improvement for the...
Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
Goldman Sachs slashes copper price outlook for 2025
AN expected rally in copper prices would not materialise in 2025, said the Financial Times citing a report on the metal's prospects by US...
Resolute bolsters balance sheet with $140m in senior debt
RESOLUTE Mining has raised $60m in debt boosting its plans to expand gold production in West Africa where it currently operates two mines.
Senior debt...
BME hoping to blow open international explosives market
CHEMICALS business Omina Holdings has staged a remarkable turnaround in the last four years. Since tapping shareholders for R2bn in 2019, the company has returned...
Mantashe says Govt’s exploration fund in “full swing”
THE South African government's exploration fund had attracted 115 applications since its launch in February, said minerals and energy minister, Gwede Mantashe.
The fund was "in...
Ghana targets massive increase in gold production
GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces.
Martin...
Congo looking for buyers of artisanal gold
THE Democratic Republic of Congo is looking for new buyers of artisanally mined gold from its eastern territories after taking full control of Primera...
South32 CEO would welcome mining sector megadeals
SOUTH32 would welcome an increase in mining sector mergers and acquisitions as it would create collateral opportunities for the company.
"From our point of view,...