World’s gold mining companies are “well positioned” to weather COVID-19 storm
THE world's gold mining stocks would be well positioned to weather the COVID-19 storm owing to elevated bullion prices, especially in the first quarter,...
Namibian miners to remain in lockdown until May 4 following 2.5...
NAMIBIA'S mining sector will remain in lockdown for a further two-and-a-half weeks until May 4 in terms of the country's extended efforts to combat...
Quellaveco is signature project that will make Cutifani’s Anglo re-invention complete
T his month, straight-talking Aussie, Mark Cutifani, will have been at the helm of Anglo American for seven years, a year longer than at AngloGold...
Zambia gives Glencore a week to defend mining licence as Mopani...
THE Zambian government has upped the ante with Glencore saying the Swiss mining and commodities marketing firm has seven days to say why it...
Harmony Gold “committed” to $300m Mponeng deal with AngloGold despite lockdown...
HARMONY Gold said it was committed to completing the $300m acquisition of Mponeng and Mine Waste Solutions from AngloGold Ashanti.
The transaction consists of $200m...
Pan African defers R148m gold loan repayment to RMB amid lockdown...
PAN African Resources has agreed to defer the settlement of a loan with Rand Merchant Bank (RMB) in terms of which $7.8m (R148m) worth...
Johannesburg gold shares surge as rand gold price eases through historic...
SHARES in Johannesburg's gold stocks surged on Tuesday as the rand gold price breached R1m per kilogram for the first time in history.
But the...
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...