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...
Merafe to keep some smelters, Kroondal mine mothballed despite easing of...
MERAFE Resources is to keep four smelters and its Kroondal mine in mothballs until market conditions improved, the group said in a statement in...
B2Gold says 10 employees tested positive for COVID-19 at Fekola in...
TEN positive cases of COVID-19 have now been identified at B2Gold's Fekola gold mine in Mali, the Toronto-listed company said in a statement.
Of these...
Investment firm, Assore, earmarks May 20 for delisting, ending 70 years...
IRON ore and manganese investment company, Assore, will delist from the Johannesburg Stock Exchange (JSE) on May 20 after 70 years on the bourse,...