De Beers to spend $1bn on Jwaneng expansion
DE Beers will go ahead with a planned $1bn investment to extend the life of its flagship Jwaneng mine in Botswana, said Reuters citing...
Lucara brings Karowe expansion back from brink with new debt deal
LUCARA Diamond said on Wednesday it had secured finance for the completion of the $683m underground expansion of its Karowe diamond mine in Botswana.
This...
West African hits guidance with gold output of 226,823 oz
WEST African Resources reported a four percent year-on-year increase in fourth quarter gold production which totalled 58,047 ounces.
This was owing to a stand out...
First Quantum dismisses “false rumours” of Zambia mine sales
FIRST Quantum Minerals on Tuesday dismissed speculation it was planning to sell a stake in its Zambian copper mines.
"There is no truth in the...
Implats “quietly confident” of resolving stay-away at shafts
IMPALA Platinum (Implats) said on Tuesday it was "quietly optimistic" about 2,000 workers who had staged a stayaway since the beginning of the year...
Former Gold Fields CEO says firm enjoying benefits of his work
IT'S been a year since Chris Griffith blazed out of Gold Fields, the 2.5-million ounce a year miner he led for two years prior...
Sibanye-Stillwater appoints new sustainability officer
SIBANYE-Stillwater has appointed Melanie Naidoo-Vermaak as chief sustainability officer, effective immediately, said BusinessLive citing an announcement from the miner today.
Naidoo-Vermaak has over 20 years’...
Fifteen miners rescued after ground collapse at Zimbabwe’s Redwing
FIFTEEN 'subsistence' miners trapped in an underground shaft at Redwing mine in Zimbabwe after it collapsed on January 4 were rescued on Sunday.
Reuters reported...
Barrick, Jiangxi said to be circling First Quantum Minerals
BARRICK Gold sounded out shareholders in First Quantum Minerals about a possible takeover of the copper producer after it ran into balance sheet difficulties...
Central banks key to stamping out global scourge of illicit gold
ILLEGAL mining, especially in gold, is not unique to South Africa. Billions of dollars in illegally mined gold has been sold to traders in...