DRDGOLD keeps powder dry for R3.5bn three-year spending spree from 2021
DRDGOLD paid a 35 cents final dividend capping an extraordinary year of production disruption, sky-high gold pricing, and corporate developments in which Sibanye-Stillwater became...
Cash behind ARM’s decision to overrule chairman Motsepe on Harmony’s R3.5bn...
PATRICE Motsepe said he was overruled when the board of African Rainbow Minerals (ARM), of which he is executive chairman, elected not to follow...
Vedanta Zinc lifts reserves, resources of Southern Africa zinc as completes...
VEDANTA Zinc International (VZI) said total mineral reserves and resources at its Southern Africa deposits increased 17% in the year ended March 31 following...
De Beers sold $300m in rough diamonds last week following 10%...
DEMAND for rough or uncut diamonds among manufacturers - polishers and cutters - is reviving, partly owing to price cuts announced by De Beers...
ARM writes down coal assets for R1.6bn, pays cautious final dividend...
AFRICAN Rainbow Minerals (ARM) impaired its thermal coal assets by R1.6bn owing to "the sharp decline" in export prices and lower sales volumes, the...
AngloGold exits Mali after agreeing sale with Barrick of Morila for...
ANGLOGOLD Ashanti and Barrick Gold have agreed terms to sell their 80% stake in the Morila gold mine in Mali to Australian firm, Mali...
Glencore in discussions for outright sale of Mopani stake to Zambian...
GLENCORE may sell its entire 73.1% stake in Zambia's Mopani Copper Mines to the government, said Reuters citing two sources with direct knowledge of...
Mali political ructions part of solution, not the problem, says Resolute...
THE political ructions this month in Mali were "part of the solution", said John Welborn, MD of Resolute Mining, the Sydney- and London-listed gold...
Merafe says impairments could take interim basic earnings loss to 39c/share
MERAFE Resources, the Johannesburg-listed ferrochrome producer that postponed its interim results until September whilst it absorbed the impact of impairment charges, said in a...
Northam to make call on dividend policy in six months as...
NORTHAM Platinum may consider other forms of shareholder returns after posting record full-year numbers today, the company's CEO said in the firm's annual review.
Paul...