Gold reclaims safe haven status as COVID-19 leads to “massive currency...
GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...
Glencore seeking “way forward” with Zambia over suspension of Mopani Copper...
GLENCORE was in discussions with the Zambian government regarding plans to place the firm's Mopani Copper Mines on care and maintenance.
"Following Mopani’s recent announcement...
Lucapa sells diamonds for $2m in upfront revenue deal with ‘high-end...
LUCAPA Diamond Company has sold diamonds from its Mothae mine in Lesotho directly to a 'high-end diamantaire' realising $2m in upfront revenue.
The company sold...
Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start...
SIBANYE-Stillwater is the first of South Africa's mining companies to follow in the steps of the country's president, Cyril Ramaphosa, by donating a third...
Ramaphosa calls on SA executives to follow in presidential steps with...
SOUTH African president, Cyril Ramaphosa, has called on executives from the country's largest companies to follow in his footsteps by taking a one third...
Petra shutters Tanzania mine Williamson, draws down R500m for working capital...
PETRA Diamonds has put its Williamson mine in Tanzania on care and maintenance citing an "... unprecedented depressed market environment".
The UK-listed firm, which has...
Minerals Council delivers sobering warning on COVID-19 saying ‘business as usual’...
IT would not be 'business as usual' when the South African mining sector emerged from the COVID-19 lockdown, said the Minerals Council South Africa.
Declining...
Kenmare draws down on debt as COVID-19 threatens to delay project,...
KENMARE Resources suspended production guidance for its 2020 financial year following disruptions caused by the COVID-19 pandemic and warned that the commissioning date of...
Tharisa keeps cogs turning through lockdown whilst market provides “margin support”
THARISA, a Johannesburg- and London-listed chrome and platinum group metal (PGM) miner, reported flat second quarter production year-on-year, but there was a much-needed positive...
Resolute makes $1m in assistance available to Mali, Senegal in COVID-19...
RESOLUTE Mining has committed $1m in financial support to its host governments aimed at tackling the effects of the COVID-19 pandemic.
"Extraordinary events require an...