Grade lift will have “impact on bottom line”, says Copper360’s Nelson
JUNIOR miner Copper360 has reported better-than-expected copper recovery grades and faster recovery times from test work on drill cores taken at its Rietberg copper...
De Beers says diamond sales deal could unleash $750m in Botswana...
DE Beers will invest $75m up-front into a Diamonds for Development Fund and could increase that to a total of $750m over the next...
Northam Platinum eases pressure on balance sheet with restructuring
NORTHAM Platinum said today access to funds had increased to R11bn after increasing its five year rolling credit facility by R2.85bn to R10bn.
Existing general...
MC Mining to double coal mining at Makhado owing to rand/dollar...
A NEW coal mine planned for the Limpopo province is to increase production 60% over its life following adjustments to its plan published on...
Botswana says new diamond sales deal agreed with De Beers
THE government of Botswana announced on July 1 it had reached an in-principle agreement with De Beers on a new 10-year rough diamonds sales...
Endeavour Mining agrees sale of Burkina Faso gold mines to local...
ENDEAVOUR Mining has finalised an agreement to sell its 90% interests in its Burkina Faso mines Boungou and Wahgnion.
The London- and Toronto-listed gold producer...
Froneman tells short term investors not to buy Sibanye-Stillwater shares
SIBANYE-Stillwater CEO Neal Froneman has urged investors not to buy the company's share if they have short-term goals – the company is not for...
Implats inches to new RBPlat milestone but real action is now...
IMPALA Platinum's (Implats') grindingly slow takeover of Royal Bafokeng Platinum (RBPlat) inched through another milestone today after the Takeover Regulation Panel (TRP) approved the...
West African mandates Sprott and Coris to arrange $265m Kiaka finance
WEST African Resources said today it had mandated Sprott Resource Lending Corporation and Coris Bank International to arrange loans for its Kiaka gold project in...
Froneman turns down dial on uranium as Sibanye focuses on $1.05bn...
SIBANYE-Stillwater has shelved plans to develop its uranium assets as the role of the fuel in future energy systems would not be as significant...