Northam adds R1bn to debt facilities as prepares ground for operational...
NORTHAM Platinum increased its available bank funding facilities by R1bn to R5bn to ensure its balance sheet was prepared for an increase in "scope...
Rio Tinto shuts RBM, declares force majeure on contracts as security...
RIO Tinto has stopped production at its 74%-owned Richards Bay Minerals (RBM) and declared force majeure on customer contracts owing to the deteriorating security...
Bank warns mining’s cash surplus, bumper returns as good as it...
MINING majors such as Anglo American, Glencore, and BHP are set to report record earnings but bumper dividends they pay may be a case...
Large gold producers in Zimbabwe permitted by central bank to export...
LARGE-scale gold producers in Zimbabwe will be allowed to directly export a portion of their production as the country's central bank eases gold trading,...
Exxaro hammers Transnet as vandalism and cable theft make a train-wreck...
TRANSNET loomed large for Exxaro Resources, the South African thermal coal producer which said today in an operational update that its production targets for...
Economics played second fiddle to ESG in Glencore’s purchase of Colombian...
ECONOMICS will play second fiddle to climate change ambitions when Glencore buys out the shares in thermal coal mine Cerrejón from its joint venture...
VBR’s Davis lifts investment in project billed as world’s “leading vanadium...
VISION Blue Resources (VBR) has invested a further $7m into a vanadium project located in southern Kazakhstan which the firm's chairman, Mick Davis said had...
Golden Star cuts Wassa’s 2021 production guidance after mill commissioning delay
GOLDEN Star has downgraded its 2021 gold production forecast from its Wassa mine in Ghana by 13% following a delay in the commissioning of...
David Brown to step down from executive post at Zimbabwe’s Kuvimba...
DAVID Brown could step down from Kuvimba Mining House, said Bloomberg News, a development that would deliver a blow to a firm the Zimbabwean...
Glencore to buy Anglo, BHP stakes in Colombia’s Cerrejon coal mine...
GLENCORE is to take 100% control of the Colombian thermal coal mine Cerrejon after agreeing to buy the stakes held by Anglo American and...