South32 to book $109m impairment after putting SA’s Metalloys in mothballs
SOUTH32 will book an impairment of $109m after putting its manganese alloys facilities in South Africa on care and maintenance.
Commenting in its fourth (June)...
Shanta Gold shares register new all-time high after firm posts first...
SHANTA Gold had undertaken "enormous deleveraging", according to CEO Eric Zurrin in notes to the UK-listed firm's second quarter results.
The firm was $2.1m net...
Nigeria legalises artisanal mining in effort to generate $500m in royalties,...
NIGERIA has passed legislation making artisanal gold mining legal in a development the country hopes will generate $500m a year in royalties and taxes...
Glencore’s Mopani to appeal Zambia’s rejection of care and maintenance plans
THE Zambian government has rejected a proposal by Glencore subsidiary Mopani Copper Mines (Mopani) to shut its operations, said Reuters citing a statement from...
Jilted by lockdown: Why marriage after global isolation is just what...
T he wedding economy is estimated to be worth $300bn annually with a host of industries, from travel and hospitality to the garment sector,...
Demerger of mines is “quickest route” for Anglo American to exit...
ANGLO American has given itself two to three years to dispense with its South African thermal coal export mines. This is in line with...
Barrick posts first half production at midway of 2020 guidance despite...
BARRICK Gold Corporation reported first half gold production of 2.4 million ounces, midway of the Canadian headquartered firm's 2020 guidance of 4.6 million to...
Amplats acknowledges 2020 headwinds persist including impact of renewed loadshedding
ANGLO American Platinum (Amplats) said a processing facility it repaired in May was now running at full capacity after briefly shutting it down for...
Kumba to post up to 19% decline in interim share earnings...
KUMBA Iron Ore would report interim headline earnings up to 19% lower as a result of a decline in first half production as well...
PTM receives interest from potential Waterberg investors, starts offtake discussions
PLATINUM Group Metals (PTM) was assessing mine financing and metal offtake alternatives for its Waterberg Project in South Africa's Limpopo province after Impala Platinum...