Hummingbird takeover offer to be declared unconditional
THE delisting of Hummingbird Resources moved a step forward on Friday after the gold miner's main shareholder Nioko waived outstanding conditions on its takeover...
Uncertainty high for Mozambique miners as protests continue
PRESSURE is likely to remain high on the share prices of Mozambique miners Kenmare Resources and Gemfields Group as tensions remain high in the...
Gates’ Kobold Metals raises $537m in latest funding round
KOBOLD Metals has raised $537m in its latest funding round as it seeks to become a key player in the race for the critical...
Petra defers refinancing as diamond prices slide yet again
PETRA Diamonds has embarked on a fresh round of restructuring at its South African mines and has deferred a refinancing plan to this year.
This...
Transnet books R2.2bn interim loss as operating expenses rise
TRANSNET, South Africa's state-owned ports and rail company, posted an interim R2.2bn loss for the six months ended September, R600m worse than in the...
Marketing focus to be feature of independent De Beers
DE Beers has amassed a stockpile of diamonds worth $2bn – the largest since the 2008 world financial crisis – following a period of...
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...
Barrick threatens to suspend Mali mine amid deadlock
UNLESS the blockage of gold shipments from Barrick Gold Corporation’s Loulo Gounkoto mine in Mali is lifted, Barrick will be obliged to suspend operations...
Rainbow Rare Earth study pin points high margin potential
AN interim economic study by Rainbow Rare Earths into extracting rare earth elements from the Phalaborwa phosphogypsum stacks shows the project would have an...
Resolute toes the line on Mali’s Mining Code as CEO takes...
Gold miner Resolute Mining will make a third and final payment of $30m to the government of Mali at the end of this month,...