Harmony Gold to review capital structure as cash vaults R6bn
HARMONY Gold said it was reviewing its capital structure in a way that would match "its funding profile to its cash flow generation".
Commenting in...
Tharisa signs $130m debt facility
THARISA, a South African chrome and platinum group metals miner, announced on Wednesday it had signed a $130m debt facility which it would use...
Teck held merger discussions with Vale unit
TECK Resources conducted intermittent merger negotiations with Vale's base metals division before finalising its agreement with Anglo American, said Bloomberg News citing people with...
Guinea targets premium prices for Simandou iron ore
GUINEA intends to maintain elevated prices for premium iron ore as its Simandou project prepares to ship its first cargoes this month, said Reuters...
Gold Fields promises $500m in shareholder returns over two years
GOLD Fields said today it planned to return $500m to shareholders over the next two years either in special dividends or by buying back...
Minerals Council says no respite from energy cost inflation
SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...
Cash flush AngloGold plans $100m Geita expansion
ANGLOGOLD Ashanti said on Tuesday it planned to spend $100m expanding production a fifth at Tanzania mine Geita to 600,000 ounces a year.
The New...
Carmakers abandon battery metal deals after price slump
MORE than half of supply agreements between western carmakers and miners for battery metals have been delayed, amended or scrapped following a sharp fall...
Australia regulator sues AVZ over disclosure failures
AUSTRALIA'S corporate watchdog has sued AVZ Minerals and two directors, alleging the miner failed to disclose an escalating legal battle with the Democratic Republic...
Botswana working on majority stake in De Beers
BOTSWANA is taking steps to buy a majority stake in De Beers following Angola's rival bid for the diamond producer, said Reuters citing the...