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Shanta Gold to close loss-making hedge by January as programme cuts...

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SHANTA Gold forecast the closure of its hedge book by January after it delivered 15,000 ounces of gold, about 55% of third quarter production,...

Bondholders likely to take Zambia to task or risk debt contagion...

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BONDHOLDERS were likely to put up a fight in order to prevent Zambia's debt-crisis setting a troubling precedent to other debt-holders in sub-Saharan Africa,...

South32 forecast low-end of output guidance for SA coal, reinstates $1.43bn...

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SOUTH32 forecast thermal coal production from its South African assets at the lower-end of its previously guided 10.5 to 12.5 million tons (Mt) for...

Resolute announces departure of CEO, John Welborn, saying seeking operational improvement

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IN a surprise development, John Welborn has stepped down from Resolute Mining, the Sydney and London-listed mid-tier gold producer of which he was CEO...

Ramaphosa economic recovery plan light on private sector foreign investment

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SOUTH African president Cyril Ramaphosa's Reconstruction and Recovery Plan, presented to Parliament on Thursday, did not go far enough articulating how foreign investor interest...

Glencore in talks to sell nickel to carmakers, says CEO Ivan...

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GLENCORE was in discussions with carmakers regarding the supply of nickel to them, said Reuters citing the comments of the mining group's CEO, Ivan...

Sibanye-Stillwater says “downstream exposure” will be part of battery metals deal

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NEAL Froneman put meat on the bones of Sibanye-Stillwater’s plans to enter the battery metals industry, saying a transaction would expose it to the...

Glasenberg says Glencore considering raising target on Scope 3 emissions control

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GLENCORE may raise its 15-year Scope 3 carbon emissions reduction target when it convenes an investor update on December 4, said CEO, Ivan Glasenberg. In...

Barrick on track to meet 2020 production guidance after producing 1.16m...

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BARRICK Gold said preliminary third quarter gold sales were slightly higher than the previous quarter, and exceeded production following the export of the remaining...

Endeavour Mining reopens Boungou, targets upper end of production guidance

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ENDEAVOUR Mining said its Boungou mine in Burkina Faso would achieve the upper end of production guidance this year following its re-opening after nearly...