Lucapa Diamond raises $10m in share issue to propel $8.5m Mothae...
LUCAPA Diamond Company raised $10m through a share issue with the proceeds primarily to be directed to the $8.5m expansion of its Mothae mine...
West African Resources repays $25m loan early, targets deleveraging in 2021
AUSTRALIAN-listed gold miner, West African Resources, said it had paid a $25m loan early to investor Taurus Funds Management reducing its overall debt facility...
Bristow says Barrick dividend boost is sustainable, but cautions of growing...
BARRICK Gold increased the dividend another cent for the third quarter, but the group’s CEO, Mark Bristow, said investors could expect a conservative approach...
SA chrome industry at odds over Govt. tax ore exporters say...
CHROMESA is at odds with both the South African government and the country’s major integrated producers of chrome ore and ferrochrome - Glencore and Samancor...
Amplats to suffer R6bn hit to EBITDA as shuts processing facility...
ANGLO American Platinum’s (Amplats’) technical woes at its processing units piled up after the company said it was shutting its Anglo Converter Plant Phase...
US court fines hedge fund Och-Ziff $135m for corruption in DRC...
MULTI-billion dollar hedge fund Och-Ziff has been fined $135m for corruption linked to mining projects in the Democratic Republic of Congo (DRC), according to...
Lucara Diamond reprises Louis Vuitton deal with sale of 549 carat...
LUCARA Diamond Corporation is to sell its 549 carat white gem diamond - "Sethunya" (flower: Setswana) - to Louis Vuitton that reprises a polishing...
Rainbow Rare Earths signs development joint venture in SA’s Limpopo province
LONDON-listed Rainbow Rare Earths has signed a joint development agreement with Bosveld Phosphates, to develop the Phalaborwa Rare Earths Project in South Africa's Limpopo...
SA Govt. should let its mining sector get on with investing,...
PROMINENT ex-fund manager and a non-executive director of Anglo American, Jim Rutherford, said the South African government was afraid of allowing the market to...
S&P upgrades Sibanye-Stillwater credit on expectation of “materially higher cash flow”
RATINGS agency, S&P Global, upgraded the credit rating of Sibanye-Stillwater owing to its expectation of "materially higher cash flow". This would be driven by...