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Lucara Diamond adopts flexible stance on Karowe underground project start-up in...

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LUCARA Diamond Corporation suspended guidance for its 2020 financial year, and said it had the flexibility to delay the proposed development of the underground...

Base draws on $75m RCF in prudent step as Kwale interruption...

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BASE Resources became the latest mining company to draw down on debt in an effort to secure its balance sheet amid COVID-19 uncertainty. The Australian-listed...

GEM Diamonds says it raised $12.1m from first round of flexible...

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GEM Diamonds realised $12.1m in sales from the first round of its newly instituted Letšeng flexible tender process. The flexible tender process was put in...

Glencore defers 2020 dividend, extends credit facility as COVID-19 production risks...

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FINANCIAL risks posed by the COVID-19 pandemic has prompted Glencore to postpone its 20 US cents per share cash distribution - equal to $2.6bn...

Uranium price revives as fears mount about COVID-19 impact on concentrated...

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THE price of uranium has been on the increase in the past two weeks owing to the potential disruption to supply which is divided...

Sasol protects oil price from rock bottom pricing, says ratings will...

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PETROCHEMICALS company, Sasol, said adjustments to its credit rating by S&P Global Ratings and Moody's would result in an increase in some of its...

Gold Fields well capitalised to survive COVID-19 lockdowns, says CEO Holland

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GOLD Fields' mines were largely unaffected by COVID-19 related stoppages, but the group was sufficiently capitalised to withstand prolonged downtimes should they materialise in...

Harmony forecasts gold production of no more than 700kg during 21-day...

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HARMONY Gold forecast gold production of no more than 700kg (24,700 ounces) during the period of the 21-day lockdown ordered by South African president...

Petra’s founding chairman, Adonis Pouroulis, steps down from board after 23...

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ADONIS Pouroulis today stepped down from the board of Petra Diamonds, a company he founded and led for 23 years. He is succeeded by...

Implats warns unions of “alternative arrangements” to wages if lockdown extended

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IMPALA Platinum (Implats) would not be able to guarantee the payment of employee wages were the South African government to extend the 21-day lockdown. "Management...