World’s largest miners set to reward investors as never before as...
THE world's largest mining companies have never been more cash generative, but they are reticent to spend on new projects raising the risk of...
Endeavour Mining pledges minimum $500m dividend payout over next three years
ENDEAVOUR Mining has targeted dividends over the next three years totalling $500m with the potential to pay more if the gold price trades above...
Implats to redeem convertible bond issued at PGM firm’s valuation ebb
IMPALA Platinum (Implats) has offered to redeem outstanding convertible bonds in terms of its R3.25bn issuance which has a 2022 maturity date.
"The group’s strong...
Anglo says R6.45bn rehabilitation provision for Thungela “over and above” regulations
ANGLO American said it had over-provisioned for rehabilitation charges likely to be incurred by Thungela Resources, the South African coal company that was today...
Anglo under fire for ‘green-washing’ ahead of June 7 Thungela Resources...
ANGLO American had overstated the thermal coal sales and understated the rehabilitation costs of Thungela Resources, according to research company Boatman Capital.
Citing a report...
Jubilee Metals takes PGM tailings acquisition to 1.2 billion tons
JUBILEE Metals took its acquisition of platinum group metal- (PGM-) bearing tailings to about 1.2 billion tons today after announcing a second transaction totalling...
Little relief for SA miners who say under-siege mining towns a...
PRIESKA is a small town of 20,000 people on the banks of the Orange River in South Africa's Northern Cape. Iscor, the former steelmaker,...
Ivanhoe’s Kamoa Copper JV signs 10-year processing deal with DRC-based smelter
IVANHOE Mines said its Kamoa Copper joint venture, which runs the Kamoa-Kakula mine with China's Zijin Mining, had signed a ten year deal to process...
Pan African wins 30-year renewal of Barberton Gold Mines mining licence...
THE South African government renewed mining rights for Pan African Gold's Barberton Gold Mines for a 30 year period, the company announced today.
Pan African...
Allied Gold Corp. planning UK listing later this year as part...
ALLIED Gold Corporation is planning to list in London in an effort to take advantage of the relatively scarce investment options for gold investors...