Market shrugs off Kumba sales adjustment after AMSA mothballs Saldanha Steel
KUMBA Iron Ore reduced sales guidance for 2019 by up to 1.5 million tons (Mt) to between 41.5 to 42.5Mt owing to the planned...
Alphamin eases liquidity stress as mining, logistical and market headwinds persist
ALPHAMIN agreed new payment conditions with customers and amended a loan as it tackled the impact of a bridge collapse affecting exports, and increased...
Gold Fields would consider South Deep deal once mine proves its...
GOLD Fields was open to a deal on its South Deep mine, said Bloomberg News citing the comments of the group's CEO, Nick Holland.
"We...
Implats may extend Zimbabwe mine in deal with neighbour Amplats, says...
IMPALA Platinum (Implats) hoped to extend the life of its Mimosa platinum group metal (PGM) in Zimbabwe by coming to an agreement with the...
Wescoal coal output wobbles in first half marked by corporate M&A...
WESCOAL Holdings spent R18m on new business transactions that did not materialise in the six months ended September.
Commenting in a trading update, in which...
Barrick Gold’s Bristow considering growth in “strategic, modern” metal, copper
BARRICK Gold is on the lookout for growth in the copper industry either through exploration or acquisitions, said the Financial Times citing the Canadian...
ESG compliance pressure making world’s gold industry too scared to invest...
THE increase in environmental, safety and governance (ESG) standards was stopping mining companies from easing the globe's number one danger which was poverty, said...
As diamond prices drift, argument for Lucara’s ‘Clara’ stronger than ever,...
WITH the firecrackers of Diwali, which resounded throughout certain quarters of Johannesburg suburbia on October 27, comes cordite; and hope.
In fact, any phrase ending...
Bullion’s price motivates raised cash payouts but discipline remains key to...
THE improvement in cash returns by some gold mining companies in the US was motivated by the stronger dollar gold price, but 'capital allocation...
Gold Fields’ South Deep to beat output guidance after second successive...
GOLD Fields was on course to exceed full-year production guidance at South Deep its South African mine which generated cash for a second successive...