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Ata consortium hooks Universal Coal offer after Afrimat tables R2.15bn bid

WESCOAL Holdings said a consortium in which it was participating for the takeover of Universal Coal had hooked its offer after the Australian-listed firm...

Curtain falls on Mzi Khumalo’s Zimbabwe gold exploits as files for...

THE curtain has fallen on South African mining entrepreneur, Mzi Khumalo's Zimbabwean gold mining exploits after Metallon Corporation subsidiaries, Mazowe Mining Company and Goldfields...

Perseus locks down $150m for Yaouré, spotlight now falls on April...

PERSEUS Mining has secured $150m in funds from a syndicate of three banks which will be used to develop the $265m Yaouré gold project...

Ethical investors give mining firms 45 days to make public facility...

SOME of the world's largest mining companies have been asked by a group of ethical investors to make public details regarding every facility they...

Perseus Mining on track to report up to 291,000 oz in...

PERSEUS Mining was on track to produce up to 291,000 ounces of gold for its 2019 financial year ended June 30 after reporting March...

Minerals Council warns more scrambled policy on menu for SA mining...

WHAT’S planned by the South African government is a delicate eggs en cocotte, but it’s more likely the country’s mining sector will be served...

Asanko Gold on track for up to 245,000 oz in output,...

ASANKO Gold was on track to produce 225,000 to 245,000 ounces for the 2019 financial year despite adjusting the operating period lower seven days...

Vedanta Zinc suffers impact of Skorpion strike, brings annual shutdown forward

VEDANTA brought forward a planned annual shutdown of its Skorpion Zinc facilities in Namibia following a two-week strike by contractors employed by Basil Read, the...

Lucapa Diamond refinances Mothae debt in R100m deal with shareholder

LUCAPA Diamond Company sought to ease the pressure on its balance sheet after agreeing loan terms with an entity owned by non-executive director and...

DRC’s mining sector doubles revenue payments to $1.57bn in 2018

THE Democratic Republic of Congo’s (DRC's) mining sector paid $1.57bn in revenues to the government last year, up 91% on 2017, said Reuters which...