Home News Page 512

News

GEM replaces large diamond tender with “flexible system” after small goods...

0
GEM Diamonds said it had replaced a tender for its large diamonds with a "flexible direct sale process" in mitigation of travel bans on...

Kenmare cautiously optimistic impact of COVID-19 pandemic on ilmenite demand limited

0
KENMARE Resources was cautiously optimistic exports of ilmenite to China would be relatively undisturbed by the COVID-19 pandemic. "Industry has restarted again. All the pigments...

RBPlat agrees new payment terms with Amplats for PGM concentrate supply

0
ROYAL Bafokeng Platinum (RBPlat) headed off a significant working capital build-up after agreeing new payment terms with Anglo American Platinum (Amplats) to which it...

Sasol confident it can chase down and beat $2bn asset sales...

0
SASOL said it was confident if could get “close to fair value” for the US chemicals assets it has identified for sale despite acknowledging...

LME to shift to electronic trading next week in line with...

0
EUROPE'S last open-outcry trading venue - the London Metal Exchange (LME) - will temporarily close next week and move its activities to its electronic...

De Beers looking at contingency plans after diamond buyers face Botswana...

0
DE BEERS intended to press ahead with its next round of diamond sales planned for March 30 despite buyers being prevented from inspecting the...

Sasol prepares $2bn rights issue as rolls out plan to ‘reset’...

0
SASOL set down plans to "reshape its balance sheet" targeting $6bn by the end of its 2021 financial year including a potential $2bn rights...

Endeavour quarantines employees at Burkina Faso mine as COVID-19 lands in...

0
ENDEAVOUR Mining said it had quarantined employees at its Burkina Faso mine Houndé after one employee had tested positive for COVID-19 virus following a...

Sibanye-Stillwater agrees refining deal with Amplats, softens impact of PGM force...

0
SIBANYE-Stillwater said it had "largely offset" the impact of breakdowns in Anglo American Platinum's (Amplats') refining facilities after agreeing to process platinum group metals...

Anglo halts $5.3bn Quellaveco project after Peru installs 15-day COVID-19 national...

0
ANGLO American has temporarily halted the development of its $5bn to $5.3bn Peru-based copper project, Quellaveco, in line with the country's 15-day national quarantine...