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...
Mick Davis returns with a plan to spend where mining giants...
MICK Davis has had a singular career. Firstly, there’s the knighthood, awarded in 2015 for his efforts in Holocaust commemoration and education. Then there’s...
West Africa’s political whirligig won’t keep investment dollars from its gold
IN 1997, when Randgold Resources listed on the London Stock Exchange, about 2.5% of world gold production was being dug in West Africa, of...
One mighty share issue saved Petra Diamonds. Now CEO Richard Duffy...
WITH the loan restructuring completed - which reduces Petra’s debt to manageable levels - and a sustainable recovery hopefully underway in the global diamond...
Sibanye-Stillwater says breakout of uranium price to support “ready to roll”...
THE price of uranium was due a major breakout in the medium-term - a development that would support Sibanye-Stillwater’s plans to embark on commercial...