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Switzerland’s office of attorney-general opens criminal investigation of Glencore

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GLENCORE'S probity will fall under the glare of authorities in its home country after Switzerland's Office of the Attorney-General (OAG) launched a criminal investigation...

COVID-19 set to dampen Zambia tax take for 2020, says Chamber...

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ZAMBIA'S struggling finances have been dented further by a decline in mining revenue during the three months to April owing to the COVID-19 pandemic,...

Barrick falls victim to fake news report saying it sold Zambia’s...

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BARRICK Gold was the victim of fake news on Thursday that said it had sold its Lumwana copper mine in Zambia for $895m in...

Assmang facing R89m lawsuit from Eskom after allegedly failing to make...

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ESKOM is suing mining company Assmang for R89m in damages. The power utility alleges that the company failed to achieve the energy savings at Assmang’s...

Junior mining sector hardest hit in SA’s mining sector by COVID-19...

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THE COVID-19 pandemic negatively affected all sectors of the South African economy, but perhaps among the hardest hit was the country's junior mining sector,...

GEM Diamonds gets “good value” for high value stones in Antwerp...

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THERE was "good value" for high value diamonds, said Clifford Elphick, CEO of GEM Diamonds following a tender in Antwerp. "The results of the latest...

Amplats will take a year to work through inventory as it...

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ANGLO American Platinum (Amplats) said an inventory build-up related to the failure of its processing facilities in Rustenburg could take the best part of...

PTM closes share placement raising $1.71m after losing Implats as key...

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PLATINUM Group Metals (PTM) closed a $1.71m private placement of shares despite losing Impala Platinum (Implats) as the lead investor in its proposed $840m...

Sibanye-Stillwater may delay reinstatement of dividend whilst economics unsettled

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SIBANYE-Stillwater may keep shareholders waiting until after its interim results announcement in August before reinstating the dividend owing to the disruption posed by the...

Implats rules shareholder returns more important than greenfields Waterberg JV project

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IMPALA Platinum (Implats) confirmed its intention not to take a majority position in the Waterberg JV project saying that shareholder returns and a strong...