Vedanta’s Agarwal described as “incredibly tough” in times of crisis
VEDANTA Resources executive chairman, Anil Agarwal, was not afraid to step in when the business encountered crises, said BusinessLive citing the comments of Deshnee...
Caledonia Mining eases through COVID-19 with leap in Q1 output, earnings
CALEDONIA Mining Corp. registered a strong showing in the first quarter of its 2020 financial year as operating and market circumstances combined favourably -...
Afrimat takes conservative approach to production build up amid stunted demand
AFRIMAT, the Johannesburg-listed materials and industrial minerals group, adopted a conservative approach to resuming full production from its open cast mines, saying in an...
Sibanye-Stillwater lops R2.8bn from capital budget as targets aggressive debt reduction
SIBANYE-Stillwater said it would not relent in having balance sheet control its top priority this year after reducing net debt to below its long-term...
Gold price strength creates window of opportunity for Bristow’s copper ambitions
BARRICK Gold CEO, Mark Bristow, renewed his interest in adding more copper assets to the group's production saying that the elevated gold price had...
Diamond producers likely confirm sector at standstill owing to COVID-19 lockdowns
UPDATES from the world's largest diamond producers this week were likely to confirm that the global industry had come to a near standstill, said...
Pan African to contain gold losses to 5%, expects R500m cut...
PAN African Resources (Pan African) forecast a 5% reduction in gold production to 176,000 ounces for its 2020 financial year which ends on June...
Northam Platinum fine tunes R10bn loan note programme to limit cash...
NORTHAM Platinum sought to preserve liquidity amid the COVID-19 pandemic - and even extend it - announcing today it would buy and cancel about...
AngloGold delays Obuasi ramp-up but gold price tailwinds lead to boost...
ANGLOGOLD Ashanti lost 11,000 ounces of gold production and has delayed the ramp-up of its Obuasi mine in Ghana owing to the COVID-19 pandemic,...
Lucara studying finance options for $514m Karowe expansion as COVID-19 addles...
LUCARA Diamond Corporation is weighing the proportion of cash it can put into the proposed $514m underground expansion of its Karowe mine in Botswana...