Home News Page 518

News

Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start...

0
SIBANYE-Stillwater is the first of South Africa's mining companies to follow in the steps of the country's president, Cyril Ramaphosa, by donating a third...

Ramaphosa calls on SA executives to follow in presidential steps with...

0
SOUTH African president, Cyril Ramaphosa, has called on executives from the country's largest companies to follow in his footsteps by taking a one third...

Petra shutters Tanzania mine Williamson, draws down R500m for working capital...

0
PETRA Diamonds has put its Williamson mine in Tanzania on care and maintenance citing an "... unprecedented depressed market environment". The UK-listed firm, which has...

Minerals Council delivers sobering warning on COVID-19 saying ‘business as usual’...

0
IT would not be 'business as usual' when the South African mining sector emerged from the COVID-19 lockdown, said the Minerals Council South Africa. Declining...

Kenmare draws down on debt as COVID-19 threatens to delay project,...

0
KENMARE Resources suspended production guidance for its 2020 financial year following disruptions caused by the COVID-19 pandemic and warned that the commissioning date of...

Tharisa keeps cogs turning through lockdown whilst market provides “margin support”

0
THARISA, a Johannesburg- and London-listed chrome and platinum group metal (PGM) miner, reported flat second quarter production year-on-year, but there was a much-needed positive...

Resolute makes $1m in assistance available to Mali, Senegal in COVID-19...

0
RESOLUTE Mining has committed $1m in financial support to its host governments aimed at tackling the effects of the COVID-19 pandemic. "Extraordinary events require an...

SA miners estimate cost of resuming normal operations, saying it could...

0
IT could take some of South Africa's labour-intensive mines weeks to get back to full production once a government-ordered lockdown ends. "Its going to take...

Small cap mining companies may not emerge from COVID-19 lockdown, says...

0
SMALL- to medium-sized mining companies without the benefits of diverse income would be most heavily affected by the 21-day lockdown imposed by the South...

B2Gold bullish on 2020 but draws $250m, may review discretionary capital...

0
B2GOLD was on track to meet production guidance of one million to 1.05 million oz of gold for its 2020 financial year, but said...