Home News Page 221

News

GEM Diamonds shares fall to lowest level in a year after...

0
INTERRUPTIONS at the Letšeng mine in Lesotho combined with weaker average prices for its diamonds and inflation weighed heavily on UK-listed miner GEM Diamonds. It...

The battle for RBPlat: Where things stand in this contest of...

0
SHAREHOLDERS of Impala Platinum (Implats) are facing the possibility that their firm’s takeover offer for Royal Bafokeng Platinum (RBPlat), formally under way since November...

Exxaro draws blank on M&A plans citing “misalignment with criteria”

0
EXXARO Resources is being very choosy in its potential merger and acquisition (M&A) activity as it looks to diversify into three key minerals -...

Are the planets aligning for a resurgence in African mining investment?

0
THE global energy transition imperative has understandably had a massive impact on the vast majority of industries and sectors. It could be argued that...

Gold Fields, AngloGold to form Ghana JV creating “largest gold mine...

0
GOLD Fields and AngloGold Ashanti unveiled today an in-principle agreement for a joint venture of their Ghana assets which would create "the largest gold...

Exxaro prunes payout as discerns TFR will have another year of...

0
LAST year’s booming export coal market boosted Exxaro Resources's revenues by 41% and profits by 78% compared with 2021, but the group has cut...

SA mining braced for disruption as EFF’s Monday stayaway looms large

0
IN a sign of possible disruption to come on Monday, chairperson of the Rural Economic Transformers Allen Nglela interrupted a Government meeting on mine safety by...

UK investor Adam Fleming’s Clover Alloys takes “cornerstone” stake in Orion...

0
ORION Minerals today announced it had raised A$13m (R80m) through a share issue which sees prominent UK investor Adam Fleming's Clover Alloys become a...

SA mining production shrinks for 12th consecutive month as power curtailments...

0
POWER curtailments implemented by state-owned utility Eskom was mostly behind a 1.9% year-on-year decline in South African mining production in January, said BusinessLive. Platinum group...

Motsepe’s ARC hands bridging loan to Kropz after phosphate sold below...

0
PATRICE Motsepe's African Rainbow Capital (ARC) Fund has provided phosphate miner Kropz a R285m bridging facility whilst it improves the quality of product. Kropz said...