Orion completes funding puzzle for Prieska Copper Zinc mine with R250m...
ORION Minerals has secured R250m in finance from the Industrial Development Corporation (IDC) for its Prieska Copper Zinc Mine (PCZM) in a development that...
Gemfields evacuates Montepuez ruby mine as insurgency flares up at neighbour
MINING had stopped at Gemfields' 75%-owned Montepuez mine in Mozambique following an attack on a neighbouring property thought to be perpetrated by insurgents.
The ruby...
PTM strikes ‘in-principle’ agreement for R380m preparatory work on Waterberg Project
PLATINUM Group Metals (PTM) has struck an "in-principle" agreement with its partners to spend R380m preparing the Waterberg Project for development - a palladium-rich...
Anglo signs MoU with ThyssenKrupp on supplying premium, high quality iron...
ANGLO American said it had signed a memorandum of understanding with steelmaker ThyssenKrupp for the development of a high-quality iron ore suitable for its...
Perseus Mining boss says gold price weakness hasn’t made M&A market...
A CORRECTION in gold company valuations did not make it easier to conclude acquisitions, said Perseus CEO Jeff Quartermaine whose company wants to bring more...
Sandfire detects “substantial exploration potential” of Motheo after drilling campaign
SANDFIRE Resources said recent drilling of its Motheo copper prospect in Botswana had demonstrated "substantial exploration potential" of the landholding.
The company tested a four...
Satawu calls on members to return to work, ending Transnet strike
SOUTH African Transport and Allied Workers Union (Satawu) said it had called off its strike at rail and ports operator Transnet, according to a...
Kore shares plummet after firm details employee arrests amid Govt. ultimatum
RELATIONS between Kore and the Republic of Congo (RoC) have taken a turn for the worse after the country's mines ministry expressed "discontent" with...
BHP increases September quarter iron ore production
BHP said on Wednesday its quarterly iron ore output rose, aided by better performance from its Western Australian assets and a continued ramp-up at its...
DRDGOLD upbeat on interim dividend prospects despite tripling in 2023 capex
DRDGOLD reported a 19% decline in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) to R386.4m for the September (first) quarter owing to...