UK mining firms ought to create permanent board positions for ESG...
HEADHUNTING firm Swann Global has recommended that UK-registered mining companies improve board representation of experts in the fields of environment, sustainability and governance (ESG),...
De Beers heading for second half sales of $1.8bn as diamond...
DE BEERS was forecast to report full year sales of about $1.8bn in the second half of its 2020 financial year after the diamond...
Mined platinum supply reduced by a fifth in 2020 owing to...
THE platinum market is heading for another supply deficit in 2021, albeit narrower than the 1.2 million ounce deficit expected in 2020, said marketer...
Petra Diamonds seals lock-up agreement, shareholders to vote on January 11
PETRA Diamonds said it had concluded an agreement with bondholders that paved the way for the conversion of up to $650m in debt to...
Covid-19 interruptions, poor coal pricing forces Wescoal into group-wide retrenchments
WESCOAL said today it would embark on a retrenchment programme involving staff throughout the organisation following lower off-take from Eskom amid Covid-19 lockdowns earlier this...
Gertler says he paid $83m for royalties from Metalkol copper project...
DAN Gertler was behind the $83m purchase of royalties in Metalkol copper and cobalt project in Democratic Republic of Congo from state-owned mining company...
Zambia confident it can finance purchase of shares in Mopani Copper
ZAMBIA'S permanent secretary in the Ministry of Mines expected the country would finance the purchase of a larger stake in Mopani Copper Mines from...
Petra on knife edge as Covid-19 second wave threatens diamond price...
PETRA Diamonds reported a taxed loss of $223m, including $91.9m in impairments, for the 12 months ended June, and warned the market its viability...
De Montessus says Teranga deal ends M&A push, dismisses risk of...
FOLLOWING an incident-filled 12 months, which Endeavour Mining looks set to end scoring two out of three proposed takeover deals, CEO Sébastien De Montessus,...
Resgen secures extension of working capital facility keeping it afloat to...
RESOURCE Generation (Resgen) said it had secured funds that would provide it with sufficient working capital until end-February after shareholder Noble Resources agreed to...