Wescoal cuts losses but fortunes remain parlous as net debt dwarfs...
WESCOAL reported a much-reduced annual loss year-on-year, but the miner’s fortunes remain parlous whilst net debt of just over R1bn remains on its books...
Imbroglio over mineral permit forces B2Gold to take Mali Govt. to...
CANADIAN gold miner B2Gold will start international arbitration proceedings against the Mali government after it was informed it would not be granted a one-year...
Lucara issues C$38m in shares with diamond market, trademark Karowe recoveries...
LUCARA Diamonds is to raise C$38m through a combination of public and private share offerings just as a recovery in the diamond market begins...
Sibanye-Stillwater accredited to dispense Covid-19 vaccines as third wave tears through...
SIBANYE-Stillwater said it hoped to immunise up to 330,000 people drawn from its employee complement, employee families, and "door step" communities against Covid-19 after...
Former Implats CEO,Terence Goodlace appointed chairman of Kumba Iron Ore
TERENCE Goodlace, the former CEO of Impala Platinum (Implats), has been appointed chairman of Kumba Iron Ore, the Anglo American-owned company said in an...
BHP to double exploration spend as ups search for base metals
BHP would double its exploration spending for base metals within five years, the group's chief technical officer, Laura Tyler told Reuters.
Tyler acknowledged the group...
Anglo received “90% good feedback” after Thungela debut says CEO Mark...
ANGLO American CEO Mark Cutifani said the group had received "90% good feedback" following the demerger of its South African thermal coal assets.
"One or...
Kumba to post record interim numbers in omen for bumper Anglo...
KUMBA Iron Ore will report record interim earnings in July following a period of sky-high prices for the steel-making ingredient.
The company said in a...
Copper production required to double by 2050, says outgoing Glencore boss
COPPER consumption would double by 2050 which could leave the world with a major supply deficit, said Reuters citing the views of Ivan Glasenberg,...
Harmony plans to build 100MW of embedded power as part of...
HARMONY Gold plans to install 100MW of renewable power in two years following the South African government's decision to lift the threshold for unlicensed...