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Global economy heading for V-shaped recovery, say Morgan Stanley analysts

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THE global economy was in a new expansion cycle with output likely to return to pre-COVID-19 levels before the calendar year-end, said Bloomberg News...

Gold smuggling alive and well as DRC’s eastern neighbours assist with...

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PROVINCES in the Democratic Republic of Congo (DRC) were doing a roaring trade in illegal gold smuggling, according to Reuters which cited a report...

Tembo Capital agrees to extend term of $3.6m loan to Orion...

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UK-based private equity firm, Tembo Capital, has agreed to extend a $3.6m loan facility  to Orion Minerals by about four months to end-October. Orion Minerals...

B2Gold doubles dividend as gold price trades $200/oz higher than firm’s...

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B2GOLD declared a second quarter cash dividend of $0.02 US cents a share which will take its full-year payout to $0.08c/share. This doubles the maiden...

ARC to provide Kropz with $40m convertible loan as Elandsfontein pencils...

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EFFORTS to get fertiliser minerals company Kropz back on the rails following a difficult three years took another step forward today after its majority...

Glencore’s $1bn coal project to be fast-tracked as first recession in...

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AUSTRALIA'S government is fast-tracking the development of the $1bn coal mine in the hope that its development helps alleviate the effects of the country's...

Mboweni calls for new approach to national budget as SA is...

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THE impact of the COVID-19 lockdown on an economy already in difficulties may call for 'zero-based budgeting", said Fin24 citing the comments of South...

Returning foreign mineworkers to SA the “biggest movement of labour”, says...

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EFFORTS to move an estimated 14,000 foreign mineworkers to South African mines has been described by Graham Herbert, MD of consultancy TEBA, as "the...

Pilanesberg Platinum Mines ends six-year legal tussle with North West community

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PILANESBERG Platinum Mines (PPM), the operation in which the UK's Gemfields has a minority stake, today announced agreement with the Lesetlheng community that will enable...

Harmony Gold’s Steenkamp forecasts full production “towards the middle of July”

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HARMONY Gold expected to be at full production "towards the middle of July", said the firm's CEO, Peter Steenkamp. This would mean it will have...