Barrick Mining sweetens dividend after record showing
BARRICK Mining posted much improved net earnings for the second quarter – its best in over a decade – owing to reduced all in...
CATL mine closure triggers lithium market rally
LITHIUM markets surged on Monday following Contemporary Amperex Technology's decision to suspend operations at its major Chinese mine, raising concerns about potential government intervention...
Tsengwa proud despite acrimonious Exxaro exit
FORMER Exxaro Resources CEO Nombasa Tsengwa said her controversial departure from the mining giant earlier this year cannot overshadow her fulfilling two-decade career with...
Motsepe seeks court protection in mining dispute
PATRICE Motsepe's African Rainbow Capital has approached Johannesburg's High Court for legal clarity in a R3.4bn lawsuit filed by US company Pula Group in...
Gemfields sells iconic luxury brand Fabergé for $50m
GEMFIELDS is to sell iconic jewellery brand Fabergé for $50m in a development that helps bolster the miner's under-pressure balance sheet.
The buyer is US-based...
US imposes tariffs on Swiss gold bars
THE US has classified one-kilogram gold bars under tariff-bearing customs codes, threatening to disrupt global bullion markets and delivering another setback to Switzerland's dominant...
Petra Diamonds survives after securing deal with lenders
PETRA Diamonds on Friday announced it had agreed with noteholders and lenders to refinance the company – an emergency measure that will also involve...
Ramaphosa offered Rainbow Rare Earths project to US
SOUTH Africa is not blessed with large reserves of the world’s minerals du jour, rare earths. So when President Cyril Ramaphosa offered supplies of...
Barrick’s Bristow calls Mali dispute “biggest challenge”
MARK Bristow describes the impasse with Mali's government over its allegations of unpaid taxes as the most stressful situation he's had to manage.
That's saying something....
Mining giants slash dividends amid falling commodity prices
THE world's largest mining companies are delivering their smallest shareholder payouts in years as declining mineral prices and massive capital expenditure requirements force cash...