A long predicted supply squeeze has finally dawned over world’s diamond...
THE diamond market had seen a structural change where the "long-predicted supply squeeze is being reflected over all the diamond categories", according to Petra...
Little Merafe builds nearly R1bn in cash following storming year for...
MERAFE Resources, a ferrochrome producer in joint venture with Glencore, increased cash to nearly R1bn at the close of its 2021 financial year.
The company,...
Perseus posts healthy interim taxed profit, lifts cash while gold challenges...
PERSEUS Mining reported A$126.9m in interim taxed profits today taking net cash to A$222.7m (US$161.8m) as it continued to increase gold output which is...
Okavanga Diamond Company sells record rough diamonds in 2021
OKAVANGO Diamond Company (ODC), Botswana's state-run diamond trader, posted record revenue last year after sales increased five-fold on a recovery in US imports, said...
AngloGold to run two-year mine review as Calderon seeks to drag...
ANGLOGOLD Ashanti is to run an 18 month to two year asset-by-asset review in an attempt to force down cash costs to sub-$900/oz -...
Petra’s $387m in lifex projects underlines turnaround of once stricken diamond...
STRUGGLING diamond miner Petra Diamonds has turned the corner according to CEO Richard Duffy after the group reported interim results for the six months...
Kumba pays out 100% of headline earnings amid rollercoaster iron ore...
KUMBA Iron Ore today announced a R30.50 per share final dividend taking the total dividend for its 2021 financial year to R103.20/share representing 100%...
Christine Ramon who steered AngloGold through its worst times, to take...
CHRISTINE Ramon, CFO of AngloGold Ashanti, is to take early retirement, the gold producer said in an announcement today.
As interim CEO, Ramon anchored AngloGold...
Sylvania promising improved second half production as delivers on second windfall...
SYLVANIA Platinum forecast improved platinum group metals (PGM) production in the second half of its 2022 financial year following water supply disruption and lower...
Anglo lowers output 2022 guidance for Grosvenor after Queensland regulator approves...
ANGLO American today announced the restart of production at its Grosvenor metallurgical coal mine in Australia after an 18-month hiatus whilst it implemented new...