Home News Page 160

News

Harmony set to put cash from bonanza half year into projects

0
HARMONY Gold is to report half year share earnings more than 100% higher for the 2023/24 financial year owing to an improvement in the...

Gold Fields CEO warns gold market tailwinds will not persist

0
GOLD Fields turned in a "steady as she goes" performance during 2023 and the outlook appears to be for more of the same in...

First Quantum to sell $1bn in shares in effort to keep...

0
FIRST Quantum Minerals is to sell $1bn in shares and raise a further $1.6bn from an offering of notes in an effort to strengthen...

First Quantum to sell $500m in copper to China’s Jiangxi

0
FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...

Madagascan president’s ex-aide convicted of offering mining licence for bribes

0
MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...

Transnet to name new executive appointments by month-end

0
TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...

Sibanye-Stillwater suffers $2.58bn in asset impairments

0
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...

Glencore skips top-up dividend as focus falls on coal demerger

0
GLENCORE will skip the 'top up' dividend this year telling shareholders its focus was on concluding the previously announced $6.93bn cash takeover of Elk...

Perseus signs gold project cooperation deal with Saudi Arabia

0
PERSEUS Mining has entered into a cooperation agreement with Saudi Arabia to seek out late stage projects in Africa and exploration ventures. The agreement is...

Copper 360 says anomaly near former mine could be major discovery

0
COPPER 360 said drilling near Tweefontein, a now closed copper mine in the Northern Cape, delivered encouraging results with grades ranging between 2.12% and...