Jubilee Metals to issue £30m in shares for Zambia copper/cobalt expansion...
JUBILEE Metals is to raise £30m in a share issue aimed at financing the consolidation and expansion of its Zambia copper and cobalt retreatment...
Pan African adds prospect of a share buy-back to record dividend...
PAN African Resources, a South African gold producer, is to pay a record final dividend and plans to unveil a share buy-back programme following...
Zambia’s new mines minister promises to bring stability to sector
ZAMBIA'S newly appointed mines minister, Paul Kabuswe was promised to bring stability back to the country's mining sector following the increasingly unpredictable final years...
Mark Bristow keeps to lifelong strategy of building own mines for...
MARK Bristow, CEO of Barrick Gold, reminded investors of the strategy that served him well for more than a quarter of a century in...
Petra Diamonds marks out Williamson mine as asset for sale in...
PETRA Diamonds has identified its Tanzanian mine Williamson as an asset for sale and is looking at whether it is worth continuing mining at...
AngloGold Ashanti concludes purchase of shares in Corvus Gold for $370m
ANGLOGOLD Ashanti has concluded the purchase of shares it didn't already own in Corvus Gold for $370m.
The bid for the shares in Corvus Gold,...
DRDGOLD nears completion of FWGR’s R80m gold recovery improvement project
DRDGOLD is nearing completion of an R80m project aimed at improving gold recoveries from its Far West Gold Recoveries (FWGR) operation near Carletonville.
The project...
Sibanye-Stillwater buys up to 3% of own shares for R5bn
SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today.
This was in terms...
Harmony Gold dividend vulnerable – but what choice does SA’s buyer...
HARMONY Gold CEO Peter Steenkamp acknowledged being "spoiled" by transactions the company had undertaken since 2017: the $306m acquisition of Moab Khotsong and Mponeng,...
Aluminium price surges to 13 year high on bauxite supply fears
THE price of aluminium broke through $13,000 a ton for the first time in 13 years today owing to supply concerns following a coup...