SA’s ferroalloys industry facing destruction owing to unstinting electricity tariff increases
SOUTH Africa's ferroalloys industry faced "destruction" owing to a sixfold increase in the electricity tariff provided by the country's power utility, Eskom, said BusinessLive.
"We...
Golden Star extends credit facility to $70m as convertible bond date...
GOLDEN Star has extended a credit facility by $20m to $70m in order to tackle the possible repayment of a convertible debenture that falls...
Answer to Harmony Gold’s growth ambitions may still be best found...
HARMONY Gold’s declaration that it would re-tool its African growth strategy seems interestingly timed as executives throughout the industry have adopted a position of...
Lack of hierarchy behind production success of Zimbabwe’s platinum miners, says...
ONE of the major contributors to the efficiency of the Zimbabwe platinum mines was the "... very different dynamic between employer and employee" on...
Northam Platinum’s credit upgraded on expectations of “robust” cash flow
GLOBAL Credit Rating (GCR) upgraded Northam Platinum's long term credit rating owing to its "strengthened earnings profile" and expectations of "robust" free cash flow,...
Tharisa outperforms adjusted 2020 guidance, says rhodium exposure will help growth
THARISA brought its 2020 financial year to a strong close, the constraints of the Covid-19 pandemic in the third and final quarters notwithstanding.
Platinum group...
Lucapa Diamond re-opens Mothae mine after six month Covid-19 induced hiatus
LUCAPA Diamond Company has re-opened Mothae mine in Lesotho after a six month Covid-19 induced hiatus, the company said on Thursday.
The mine will be...
Mining veteran Mick Davis fears mining majors are choosing dividends over...
THE world’s largest mining companies were putting their futures at risk by choosing to pay dividends before re-investing in their businesses, said Mick Davis,...
SA Govt. declines to provide timeline on installation of a new...
SOUTH Africa's mines and energy department said the development of a new mining cadastre topped its agenda for attracting new investment in mineral exploration, but...
Miscue in DRC mining code delaying repatriation of $500m to Barrick,...
BARRICK Gold and AngloGold Ashanti have still not received the payment due to them of some $500m in profits from their jointly-owned Kibali gold...