Harmony forecasts gold production of no more than 700kg during 21-day...
HARMONY Gold forecast gold production of no more than 700kg (24,700 ounces) during the period of the 21-day lockdown ordered by South African president...
Petra’s founding chairman, Adonis Pouroulis, steps down from board after 23...
ADONIS Pouroulis today stepped down from the board of Petra Diamonds, a company he founded and led for 23 years. He is succeeded by...
Implats warns unions of “alternative arrangements” to wages if lockdown extended
IMPALA Platinum (Implats) would not be able to guarantee the payment of employee wages were the South African government to extend the 21-day lockdown.
"Management...
Golden Star confirms arrangements to continue refining gold in South Africa
GOLDEN Star confirmed it had made arrangements to continue refining its gold at South Africa's Rand Refinery whilst securing alternative arrangements for the freight...
Pan African to resume limited production at Fairview, runs surface operations...
PAN African Resources was operating its surface operations at about 70% of normal capacity although it would resume limited production at its Fairview operations...
Namibia puts mining sector into three week lockdown as steps up...
NAMIBIA closed down its mining sector for three weeks as the country stepped up efforts to curb the spread of COVID-19, said Reuters.
COVID-19 Infections...
Perseus extends Edikan mining six years after incorporating $31m Esuajah South...
PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2...
De Beers cancels third diamond sight as COVID-19 travel restrictions hit...
DE BEERS has cancelled its third sight for the 2020 financial year owing to travel restrictions placed on buyers as a result of COVID-19.
Anglo...
Downgrade a reminder of urgent reforms waiting on the other side...
SOUTH Africa had been given a daunting reminder of the challenges on the other side of the COVID-19 pandemic following the downgrade by Moody's...
AngloGold hunkers down with $1.4bn in debt citing lack of visibility...
ANGLOGOLD Ashanti has drawn on $1.4bn in debt to bolster its balance sheet of which $700m has been put aside to tide it over...