Sawiris opens talks with Egyptian Govt. over buying 51% stake in...
NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters.
Sawiris chairs private...
De Beers CEO, Bruce Cleaver, “very proud” of firm in 2019...
DE BEERS CEO, Bruce Cleaver, said he was "very proud" of the diamond firm's achievements despite reporting 50% lower profits of $558m for the...
Anglo’s Cutifani confirms plan to dispose of coal assets in less...
ANGLO American CEO, Mark Cutifani, gave the strongest indication yet of the group's approach to its thermal coal assets saying it would own them...
Assore suspects impact of COVID-19 has potential to extend beyond March
THE impact of COVID-19 was to suppress economic activity such that it seemed the return from China's lunar new year festival on January 25...
AngloGold’s Dushnisky expects $202m in cash to be repatriated from DRC...
ANGLOGOLD Ashanti was confident it would get release of some $202m in cash waiting for repatriation from the Democratic Republic of Congo (DRC).
"Barrick has been...
Barrick Gold will oppose attempt by DRC state-owned firm to sell...
BARRICK Gold would not grant approval for the Democratic Republic of Congo (DRC) to sell its 10% stake in Kibali, the 750,000 ounce a...
Anglo unmoved on £405m Sirius Minerals bid, saying tilt at fertiliser...
ANGLO American CEO, Mark Cutifani, stood by his group's 5.5 pence per share takeover offer for Sirius Minerals declaring it to be "fair and...
Perseus Mining boosts interim net profit, lifts cash despite $99m capital...
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share.
The year-on-year improvement...
Amplats appoints its head of processing Natascha Viljoen as CEO, effective...
ANGLO American Platinum (Amplats) has appointed Natascha Viljoen as CEO following the resignation of Chris Griffith on Monday.
Viljoen, a former Lonmin executive, is currently...
Anglo under pressure from UK hedge fund Odey to lift its...
UK-based hedge fund Odey Asset Management has called on Anglo American to lift its bid for Sirius Minerals, the troubled fertiliser development firm in...