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Sasol has no plans to sell coal assets saying they form...

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SOUTH African petrochemicals group, Sasol, is to keep its coal mining business, said Reuters citing its CEO, Fleetwood Grobler. "There was some speculation about the...

Rio Tinto adds voice to COVID-19 outbreak concerns after reporting iron...

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RIO Tinto is the latest major mining company to flag the potentially disruptive impact of COVID-19 saying at its annual results announcement that the...

Golden Star extends gold hedging programme for Prestea mine to end...

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GOLDEN Star has extended its hedging programme adding 12,600 ounces to its existing forward sales plan in order to protect revenue for its Ghana...

RBPlat says way cleared for growth and dividends after debt to...

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ROYAL Bafokeng Platinum (RBPlat) said the way had been cleared to resume dividend payments in the future following repayment of a "deferred consideration" -...

Sibanye-Stillwater to “pull trigger” on $4bn to $5bn takeover in nine...

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SIBANYE-Stillwater CEO, Neal Froneman, said on February 19 during the firm's annual results presentation he wasn't "a deal junkie", but the firm has served...

Artisanal mining violence flares again at Gemfields’ Montepuez ruby mine in...

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SOCIAL conditions at Gemfields' Mozambique ruby mine, Montepuez, deteriorated further over the weekend after artisanal miners damaged mine property and attacked employees. Citing the company,...

Lucara optimistic on direction of diamond market, but waits for further...

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LUCARA Diamond CEO, Eira Thomas, said she was optimistic on the direction of the diamond market, but stopped short of saying whether improved pricing...

April a month to watch for SA coal as Anglo’s Cutifani...

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APRIL looks like it will become an important month for Anglo American as it marks out the northern hemisphere spring for publication of its...

Cash flush gold miners in search of balance between dividends and...

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THE world's gold mining companies are facing a fresh dilemma of whether to spend their new-found positive cash flow on increasing dividend payments, or investing...

AngloGold’s Dushnisky appointed chairman of World Gold Council as bullion soars

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KELVIN Dushnisky, CEO of AngloGold Ashanti, has been appointed chairman of the World Gold Council, the organisation said in an announcement. Dushnisky succeeds David Harquail...