South32 agrees to pay A$2.05bn for stake in Chile copper mine
SOUTH32 is to buy a 45% stake in the Sierra Gorda copper mine in Chile after agreeing to pay A$2.05bn - its biggest transaction...
Anglo considering supplying SA with hydro power using water from flooded...
ANGLO American is considering pumping underground water from flooded mines to use in hydro electric power installations in South Africa.
This is one of several...
Caledonia Mining narrows 2021 production guidance after strong third quarter
CALEDONIA Mining Corporation narrowed full year guidance for 2021 to the top end of 65,000 to 67,000 ounce guidance following a strong third quarter.
Production...
Investors stunned by SA Govt’s plan to have Council for Geosciences...
SOUTH Africa's current account is expected to remain in surplus in 2022 - news that will warm the heart of finance minister, Enoch Godongwana...
Laudable, lofty, but is Exxaro’s breakout growth plan risking ten years...
THE last time Exxaro Resources publicised a shift in strategy it provided so little detail that investors heavily sold the firm’s shares. That was...
Tharisa ends year in strong cash positive territory, targets new production...
THARISA targeted a second successive year of record metal output which would be supported by continued strength in platinum group metal (PGM) demand despite...
Hummingbird Resources shares fly after gold firm raises $100m for Guinea...
HUMMINGBIRD Resources, a UK-listed gold producer, will produce first metal from its $115m Guinea project, Kouroussa in the second quarter of 2023 after raising...
Assore’s Sacco takes position on Gemfields board
ASSORE International MD, Patrick Sacco is to join the board of Gemfields - the UK-listed firm in which the bulk mining investment firm has...
Investors redeemed platinum ETFs in favour of PGM mining company dividends
REDEMPTIONS of platinum-backed exchange traded funds (ETFs) in South Africa totalled 173,000 ounces in the second quarter, according to a report by the World...
Iron ore prices surge taking mineral’s gains to 50% since September...
IRON ore futures surged following improved margins for Chinese steel manufacturers taking the raw material’s surge since a low in September to about 50%, said...