Kumba approves R7bn Kolomela extension but strikes cautious note as payout...
KUMBA Iron Ore approved the R7bn construction of a new pit at its Kolomela mine in South Africa's Northern Cape province that will maintain...
Teranga shares “undervalued” despite doubling this year, says bullish CEO Young
SHARES in Teranga Gold scaled a new all-time high in Toronto on Monday, but it wasn't enough for the firm's president and CEO who...
Gold surges towards $2,000/oz taking JSE’s gold shares up 5% in...
JOHANNESBURG'S gold index surged over 5% in the first two hours of trade as the dollar gold price moved through $1,900/oz towards $2,000/oz as...
De Beers to overhaul business after Covid-19 throws spotlight on fundamental...
DE BEERS intends to overhaul its entire business in order to safeguard its short-term prospects - a development that may involve jobs cuts, said...
Mantashe released from hospital but to rest for seven days following...
SOUTH African mines minister, Gwede Mantashe, has been released from hospital where he was treated for Covid-19 disease, said EyeWitness News.
Citing Cabinet spokesperson, Phumla Williams,...
Amplats buoyed by 80% lift in rand PGM prices, says metals...
ANGLO American Platinum (Amplats) paid an interim dividend of R10,23 per share (R2.8bn) and said the market for its major platinum group metals (PGMs)...
Golden Star frees up deal potential after agreeing to sell Prestea...
GOLDEN Star Resources has agreed to sell its troublesome Prestea mine in Ghana to Future Global Resources (FGR) which will take on the mine's...
AngloGold Ashanti to register huge interim earnings lift as gold edges...
AN increase in the gold price of more than 25% is forecast to help AngloGold Ashanti to a strong year-on-year interim headline earnings lift.
The...
Teranga says Massawa project to deliver 40% lift in gold output,...
TERANGA Gold said the development of its Massawa-Sabodala project in Senegal would take total company production to more than 500,000 ounces of gold a...
So far, so slow for Eskom’s De Ruyter as progress remains...
The devastating impact of South Africa’s COVID-19 lockdown on economic activity has given Eskom the opportunity to make headway with critical maintenance at its...