Mali court delays Barrick mine hearing for second time
A MALIAN court has deferred proceedings for the second time regarding the potential placement of Barrick Mining's Loulo-Gounkoto gold mine under provisional administration, as...
Lucapa Diamonds forced into administration as cash dwindles
LUCAPA Diamond's current management has succumbed to years of poor diamond prices announcing on Friday administrators had been appointed to save the company.
KordaMentha Restructuring,...
Liberty Coal in R250m defamation claim against Mantengu
LIBERTY Coal, operator of Mpumalanga's Optimum Colliery, has initiated legal action seeking R250m in damages against JSE-listed chrome miner Mantengu Mining and its executives....
SA’s Transnet secures R51bn guarantee from Govt
MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on Thursday.
Transport Minister Barbara Creecy and Finance Minister...
Petra Diamonds hits all-time low as cash burn continues
PETRA Diamonds is to begin discussions with financiers on refinancing a $273m bond that matures in March next year amid scepticism that the company...
Rio Tinto CEO Jakob Stausholm to step down this year
RIO Tinto said on Thursday its CEO of four years' standing Jakob Stausholm would step down from the company later this year once a...
Tharisa to pay interim dividend as looks to better H2
THARISA posted disappointing interim numbers impacted by a decline in mining volumes and a retraction in the average chrome price from previously elevated highs.
For...
Zimbabwe lithium miners want export tax delayed
ZIMBABWE'S lithium exporters are lobbying the government to postpone a 5% export tax on lithium concentrate until domestic refineries become operational in approximately two...
China’s CMOC urges Congo to lift cobalt export ban
THE world's leading cobalt mining company, CMOC Group, has called on the Democratic Republic of Congo to lift a ban on exports of the...
MPRDA amendments may open door to new BEE targets
PROPOSED changes to South Africa's minerals legislation may empower the mines minister to create new regulations in the future governing empowerment targets.
Another aspect relating...