Lucapa to raise A$6.7m in rights issue, share placement to find...
LUCAPA Diamond Company plans to raise about A$6.7m in order to fund exploration of its Lulo deposit in Angola.
The funds will be raised through...
Sibanye-Stillwater settles Lonmin PGM streaming deal for $50m as beds down...
SIBANYE-Stillwater today settled a metals streaming agreement over platinum group metals (PGM) mined from Marikana, operations formerly owned by Lonmin.
The terms of the settlement...
Anglo expansion of Minas Rio faces legal challenge from Minas Gerais...
STATE prosecutors in Brazil filed a lawsuit on March 3 requesting that Anglo American's licence to expand a mining dam be suspended, said Reuters.
Citing...
COVID-19 interrupts 2020 diamond recovery as De Beers resorts to more...
DE BEERS will allow polishers and cutters to defer purchases of rough diamonds in order to help manage a decline in demand owing to...
Disappointing GDP numbers highlight need for urgent reform, says Minerals Council
SOUTH Africa's disappointing fourth quarter GDP numbers highlighted the need for emergency implementation of structural reforms, said the Minerals Council South Africa which described...
Platinum stages massive swing in surplus supporting hopes metal in foothills...
THE possibility that platinum may be in the foothills of a price recovery was a feature of the World Platinum Investment Council's (WPIC's) 2020 forecast...
Froneman set to attract headlines again in 2020 as seeks “relevance”...
KEEP an eye on Neal Froneman, CEO of Sibanye-Stillwater, because despite a pledge to reinstate the dividend during the firm’s current financial year, he...
De Beers unveils re-think of sales strategy to diamond buyers at...
DE BEERS has outlined changes to its rough diamond sales process in which it will target sightholders that are best positioned to deliver the...
RBPlat adopts modest dividend policy as BRPM cost struggles take gloss...
ROYAL Bafokeng Platinum (RBPlat) delivered on its promise at the half-year to resume dividend payments, but the policy adopted was modest - set at...
COVID-19 hits mining industry jamboree PDAC with other conferences disrupted
COVID-19 is making its presence felt in the world's mining industry in more ways than one, according to Reuters which said concerns about the fast-spreading...