Renewables to drive copper price surge from 2021 as miners struggle...
DIFFICULTIES experienced by Northern Dynasty, a Canadian mining development firm, in permitting its proposed Pebble copper/gold mine in Alaska, a deposit that is considered...
Vedanta sounds out debt holders about extending maturities on dollar bonds
VEDANTA Resources has sounded out debt holders about the possibility of extending maturities on some of its dollar bonds to reduce refinancing pressures, said...
Digitalisation, hastened by Covid-19, could help Anglo cut mining costs by...
DIGITALISATION and automation in the mining industry has been hastened by the Covid-19 lockdown, said Reuters citing the comment of major firms and their...
Northam Platinum shores up balance sheet with R1.33bn domestic notes issue
NORTHAM Platinum bolstered its heavily worked balance sheet today which it has put towards building a 70% stake in Zambezi Platinum, its empowerment vehicle.
The...
Barrick Gold “monitoring” Zambia, weighs expansion opportunities for Lumwana
BARRICK Gold said it was keeping tabs on developments in Zambia as it sought expansion opportunities for Lumwana, its 100%-owned, 160 million pound a...
Petra Diamonds sells rare blue gems to De Beers-Diacore partnership for...
PETRA Diamonds received a much needed cash boost after selling five blue diamonds, known as the Letlapa Tala collection, for $40.36m following a competitive...
Gold smuggling worth $1.5bn in Zimbabwe as small scale miners circumvent...
REGULATIONS in Zimbabwe that force gold producers to sell their bullion to the central bank is encouraging gold smuggling worth about $1.5bn annually, said...
Angola considering selling stake in national diamond company, Endiama
ANGOLA may sell shares in Endiama, its state-owned diamond company, said Bloomberg News citing the country's finance minister, Vera Daves de Sousa.
The disposal, which...
Basket case Zimbabwe still prospective whilst global economy pressures PGM supply
ZIMBABWE is proving an interesting place in the world of mining. Economically, it’s a 'basket-case', but miner optimism tends to be driven more by...
Severe weather dents Bushveld production target as firm looks to Covid-19-free...
BUSHVELD Minerals would rely on its working capital and revolving credit facilities to finance the business whilst it absorbed lower-than-projected sales this year, partly...