B2Gold to be debt-free by month-end, projects $900m in 2020 operating...
B2GOLD said it would be debt-free later this month once it had repaid its $425m revolving credit facility (RCF).
Commenting in an update, in which...
Is the South African discount real and does it hurt our...
SHARES in Sibanye-Stillwater have been charting a course north for most of the year, the Covid-19 equity shock in March notwithstanding.
However, it could do...
Harmony Gold to book R1.7bn in gold and currency hedging losses...
HARMONY Gold would book a headline share earnings loss for its 2020 financial year ended June 30 owing to derivative losses totalling R1.7bn, according...
SA mining investment deterred by power supply woes as Eskom warns...
NEW mining investment in South Africa was being discouraged owing to power utility Eskom's ongoing supply problems, said Reuters.
Citing Impala Platinum CEO, Nico Muller,...
PTM confident ‘player from global market’ will take investment lead in...
PLATINUM Group Metals (PTM), the Canadian company developing the $617m Waterberg palladium-dominant project in South Africa’s Limpopo province, said it was confident it would...
Future of Rio Tinto CEO on the line as board to...
THE fate of Rio Tinto CEO, Jean-Sebastien Jacques, hangs in the balance, according to news reports which said the Anglo-Australian firm's board would discuss further...
Zimbabwe bans mining in national parks after Hwange coal drilling uproar
AN attempt to drill for coal in the bounds of Zimbabwe's Hwange National Park has been blocked by the country's government, said Reuters.
"Mining on...
The one time Neal Froneman feared for the future of Sibanye-Stillwater
TWO years ago, following a series of fatal accidents in his company's gold mines, Neal Froneman thought Sibanye-Stillwater might be in financial trouble.
"It was...
Rhodium may prolong price gains in 2021 with power to “injure”...
THE price of rhodium was tipped to remain strong and might even improve further in 2021, according to investment and asset management analysts.
The market...
Lucapa to restart Mothae mine in Lesotho in Q4, to operate...
LUCAPA Diamond Company said its Mothae mine in Lesotho would restart production by the fourth quarter following agreement with the government.
The Sydney-listed firm also...