Moody’s upgrades outlook for Ghana as govt. improves fiscal, macroeconomic stability
RATINGS agency Moody's Investors Service changed its outlook for Ghana - Africa's largest gold producer - to positive from stable and affirmed the country's...
Eskom’s De Ruyter identifies private equity as kingpin in establishing independent...
PRIVATE equity could help finance the R18bn for new, independent power generation in South Africa, said Eskom CEO, Andre de Ruyter.
Speaking to Business Day...
Fears of coronavirus pandemic batters big miners, but gold hits three-week...
MINING shares were among the sectors worst hit by fears that China was failing to contain the coronavirus outbreak in which 80 people have...
Vedanta fears Zambia in renewed KCM sell-off attempts in defiance of...
THE provisional liquidator managing Konkola Copper Mines (KCM) was continuing to seek opportunities to sell the assets, said Vedanta Resources.
In an update on legal...
Petra Diamonds’ net debt nudged higher despite advances in turnaround strategy
PETRA Diamonds CEO, Richard Duffy, said the diamond market had stabilised as 2019 drew to a close, and that there were early advances in...
Endeavour forecasts jump in 2020 gold production as Houndé, Ity stabilise
ENDEAVOUR Mining forecast production of between 680,000 and 740,000 ounces for its 2020 financial year after registering slightly disappointing output last year.
Production for 2019...
Barrick signs operational agreement with Tanzanian Government
Barrick Gold Corporation (Barrick) has got its Tanzanian operations - previously run by subsidiary Acacia Mining - back on their feet after today formalising...
Pan African to hit production target despite Barberton issues
London and JSE-listed gold miner Pan African Resources says it will hit production guidance of 185,000oz for its financial year to end-June despite community...
RBCT looks to increase exports from junior miners in 2020
The long-underperforming “Quattro” coal export scheme which is intended to help black empowered junior coal miners export through the Richards Bay Coal Terminal (RBCT) ...
Tough market conditions hit Richards Bay coal exports
Coal exports through the Richards Bay Coal Terminal (RBCT) dropped to 72.1mt during calendar 2019 from 73.5mt the previous year mainly as a result...