ARM to restart iron ore exports as Transnet “reactivates” rail and...
AFRICAN Rainbow Minerals (ARM) will export iron ore at 40% of normal capacity which will be supplied from stockpiles during the Government-ordered 21-day lockdown...
Merafe ready to dip into debt as lockdown bites at time...
MERAFE Resources said it would draw on debt to fund itself if necessary during the lockdown period imposed by the South African government.
Commenting in...
Northam Platinum, the latest SA miner to declare force majeure in...
NORTHAM Platinum was the latest company to declare force majeure, according to a report by BusinessLive.
The Johannesburg-listed firm told four customers it would be unable...
AngloGold Ashanti hands over hospitals to Govt. as part of frontline...
THE South African mining industry's unique positioning as a potential frontline response to the COVID-19 outbreak in the country was demonstrated by AngloGold Ashanti...
Egyptian miner Centamin appoints Toro Gold co-founder Martin Horgan as CEO
CENTAMIN has appointed Martin Horgan as its CEO. Horgan, formerly CEO of Toro Gold, will take up the reins of the company on April...
Katanga Mining withholds $250m payment to Gecamines whilst executives investigated
KATANGA Mining will withhold payment of $250m for land it agreed to buy from Gecamines in the Democratic Republic of Congo (DRC's) whilst executives...
Lucara Diamond adopts flexible stance on Karowe underground project start-up in...
LUCARA Diamond Corporation suspended guidance for its 2020 financial year, and said it had the flexibility to delay the proposed development of the underground...
Base draws on $75m RCF in prudent step as Kwale interruption...
BASE Resources became the latest mining company to draw down on debt in an effort to secure its balance sheet amid COVID-19 uncertainty.
The Australian-listed...
GEM Diamonds says it raised $12.1m from first round of flexible...
GEM Diamonds realised $12.1m in sales from the first round of its newly instituted Letšeng flexible tender process.
The flexible tender process was put in...
Glencore defers 2020 dividend, extends credit facility as COVID-19 production risks...
FINANCIAL risks posed by the COVID-19 pandemic has prompted Glencore to postpone its 20 US cents per share cash distribution - equal to $2.6bn...