Lucapa to raise A$23m in share issue in effort to diversify...
LUCAPA Diamond Company is to buy the Merlin diamond mine for A$8.5m which it will finance through the issue of shares.
Lucapa said in an...
Afrimat dividend intact after firm plays cards in Northern Cape manganese...
AFRIMAT CEO, Andries van Heerden, will tell investors at the firm's annual results presentation on Friday that dividends will not be threatened by its...
Pan African revamps capital programme after Mintails shows 533,000 oz in...
PAN African Resources has overhauled its capital expenditure plans following positive concept study results into Mintails, a large gold tailings deposit situated west of...
Afrimat to buy Gravenhage manganese deposit from Aquila Steel for R650m
AFRIMAT, the industrial minerals company, is to buy the Gravenhage manganese deposit in South Africa's Northern Cape province for $45m (R650m), it announced today.
Gravenhage...
RBPlat’s hand strengthens further after mopping up last of R1.2bn bond...
ROYAL Bafokeng Platinum (RBPlat) mopped up the last of a R1.2bn convertible bond announcing today it had converted 29,837 shares equal to around R298.4m....
Glencore joins with miners, Umicore to develop traceable cobalt blockchain technology
GLENCORE and other miners are joining forces with battery material supplier Umicore to make the cobalt used in electric cars traceable using blockchain technology, said...
Mali gold miners Barrick, B2Gold say production unaffected by five day...
A NATIONWIDE strike by Mali's main workers' union had not had a significant impact on gold production, said Reuters citing some of the country's...
Gwede Mantashe confusion throws spotlight on SA Govt’s tortured energy strategy
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) rowed back on comments by minister Gwede Mantashe that it had restricted the threshold for...
Glencore set to reopen DRC’s Mutanda copper/cobalt mine in 2022
GLENCORE is to reopen its Mutanda mine in the Democratic Republic of Congo (DRC) next year, said Reuters citing a source with direct knowledge...
India’s Covid-19 crisis hits diamond midstream as De Beers’ fourth sales...
DE BEERS reported fourth cycle rough diamond sales of $380m, a quantum higher than the Covid-19 hit fourth and fifth cycles of last year...