Endeavour Mining expects to repay convertible loan from $833m cash pile
ENDEAVOUR Mining expected to repay a $330m convertible loan, due in the first quarter of next year, from its $833m cash pile accumulated as...
Northam Platinum dangles prospect of Styldrift expansion if RBPlat bid succeeds
NORTHAM Platinum Holdings has dangled the incentive of developing Royal Bafokeng Platinum's (RBPlat's) mineral resources quicker than current management envisaged if shareholders accept its...
Resolute moves to slash debt through A$140m share deal with institutions
RESOLUTE Mining aims to raise as much as A$200m ($128m) in an equity raise which it will use to reduce debt and part finance...
Sandfire appoints South32 executive Brendan Harris as new CEO
SANDFIRE Resources said it had appointed Brendan Harris as the company's MD and CEO following the resignation of founding CEO, Karl Simich.
Harris is currently...
Growth in Zimbabwe mining sector forecast to slow in 2023
GROWTH in Zimbabwe's mining sector was forecast to slow in 2023 owing to rising costs and chronic electricity shortages, said Reuters.
Citing a report by...
BHP apologises for sexual harassment, racism and bullying at mine sites
BHP has apologised for sexual harassment, racism and bullying at mine sites and pledged more to tackle the problem, reported Bloomberg News.
"We are determined...
Gold Fields to weigh distributing $300m Yamana break-fee to shareholders among...
GOLD Fields would consider distributing a $300m (R5.3bn) break fee from its failed takeover of Yamana Gold to shareholders as one of several options...
Threats from “disgruntled groups” preceded coal train derailment, says Transnet
TRANSNET said heavy rains overnight hampered efforts to restore operations on its coal line following a derailment of a train carrying export coal on...
Stick or twist? The pros and cons of Implats launching a...
IMPALA Platinum (Implats) would not be drawn into whether it would embark on a bidding war for outright control of Royal Bafokeng Platinum (RBPlat),...
Northam Platinum plays hand for RBPlat unveiling blockbuster cash offer worth...
NORTHAM Platinum Holdings has bid for control of Royal Bafokeng Platinum (RBPlat) announcing today a voluntary offer worth R32.5bn.
The offer, which comes a year...