Australian banks criticised by securities regulator for influence in mining IPOs
AUSTRALIAN banks have come in for criticism from the country's securities regulator for the way in which they manage initial public offerings (IPOs), especially...
Egypt says Endeavour tilt at Centamin will encourage foreign investment in...
EGYPT welcomed Endeavour Mining’s bid to merge with Centamin, saying it would encourage foreign investment in the country’s mining industry, Reuters reported.
Centamin rebuffed the £1.47bn...
Gold sector M&A to top record-breaking $30bn this year as sector...
GOLD sector merger and acquisition activity totalled $30.5bn this year, the highest in more than ten years, according to Reuters citing data produced by Refinitiv...
Firestone Diamonds shares regain lost territory after power to Liqhobong restored
FIRESTONE Diamonds lost $1.1m renting diesel generators whilst its Liqhobong mine in Lesotho was without grid power in October.
The UK-listed diamond miner said in...
Centamin argues Endeavour merger proposal is about swapping cash flow for...
CENTAMIN said today it was critical of how Endeavour Mining had attempted to open talks on a merger proposal, but it rejected the proposal principally...
Community-led disruption hits SA mining again as Rio Tinto reduces RBM...
RIO Tinto has curtailed operations at Richards Bay Minerals (RBM) owing to an escalation in violence among the operation's surrounding communities, said Reuters citing...
Diamond sector prospects in the balance as De Beers head for...
THE outlook is mixed on whether the diamond sector will recover from this year's trading difficulties in 2020 with some commentators believing rough diamond...
Resgen secures R4.2bn in debt, equity finance for Boikarabelo with Government-led...
RESOURCE Generation (Resgen) has agreed binding term sheets with lenders that provides R4.2bn in debt and equity financing for its Boikarabelo thermal coal mine...
Glencore’s Glasenberg to consider future after fourth generation management installed in...
GLENCORE would install its next generation of managers in the early part of 2020 whereafter Ivan Glasenberg, CEO of the Swiss-based mining and trading...
Endeavour all-share merger bid for Centamin flatly rejected by UK firm’s...
ENDEAVOUR Mining has made public an offer to merge with Centamin, the single-asset mining firm currently in search of a CEO - a proposal...