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Hummingbird to rub out bank debt as sets sights on adding...

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HUMMINGBIRD Resources moved into a net cash position at the year-end and said it would pay down all of its debt by the second...

Glencore says it will “advance options” regarding its non-core operations

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GLENCORE CEO, Ivan Glasenberg, said the company was "advancing options" regarding non-core operations within the group after unveiling in January the proposed sale of...

De Beers posts best first cycle sales in two years as...

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STRONG diamond jewellery sales during the year-end holiday season contributed towards a $99m improvement in year-on-year first cycle rough diamond sales, said De Beers,...

HIV/AIDS helped Anglo’s African mines cope better with Covid-19 pandemic

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THE global Covid-19 pandemic had resulted in much-improved communications and relationships between mining companies and surrounding communities, according to Anglo American CEO, Mark Cutifani. Interviewed...

SA president Cyril Ramaphosa says Govt. has “taken steps” to resolve...

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EXPLORATION, local minerals beneficiation, and domestic and regional gas development are some of the key areas where the South African government is driving legislation...

GEM Diamonds takes cash up $33.1m in fourth quarter as prices...

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GEM Diamonds reported a major jump in net cash in the final quarter of its 2020 financial year ended-December and said there had been...

Silver rally loses momentum as retail investor challenge to exchange-traded metals...

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THE rally in the silver price, thought to have been brought about by retail traders, lost momentum with analysts telling Bloomberg News it might...

Orion Minerals eyes early cash flow with R183m purchase of OKiep...

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ORION Minerals is to extend its Northern Cape province reach with an option agreement to buy control of Okiep Copper Company (OCC) for an...

Search for battery metals under-capitalised as investors harbour trust deficit after...

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THE mining industry is critical to the world’s transition to a low carbon future but it is highly under-capitalised because of a "deficit of...

DRDGOLD more than doubles headline share earnings as rand gold price...

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DRDGOLD, the Johannesburg-listed gold producer, is to report more than a doubling in interim share earnings and headline share earnings owing to an improved...