Lucara optimistic on direction of diamond market, but waits for further...
LUCARA Diamond CEO, Eira Thomas, said she was optimistic on the direction of the diamond market, but stopped short of saying whether improved pricing...
April a month to watch for SA coal as Anglo’s Cutifani...
APRIL looks like it will become an important month for Anglo American as it marks out the northern hemisphere spring for publication of its...
Cash flush gold miners in search of balance between dividends and...
THE world's gold mining companies are facing a fresh dilemma of whether to spend their new-found positive cash flow on increasing dividend payments, or investing...
AngloGold’s Dushnisky appointed chairman of World Gold Council as bullion soars
KELVIN Dushnisky, CEO of AngloGold Ashanti, has been appointed chairman of the World Gold Council, the organisation said in an announcement.
Dushnisky succeeds David Harquail...
Sawiris opens talks with Egyptian Govt. over buying 51% stake in...
NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters.
Sawiris chairs private...
De Beers CEO, Bruce Cleaver, “very proud” of firm in 2019...
DE BEERS CEO, Bruce Cleaver, said he was "very proud" of the diamond firm's achievements despite reporting 50% lower profits of $558m for the...
Anglo’s Cutifani confirms plan to dispose of coal assets in less...
ANGLO American CEO, Mark Cutifani, gave the strongest indication yet of the group's approach to its thermal coal assets saying it would own them...
Assore suspects impact of COVID-19 has potential to extend beyond March
THE impact of COVID-19 was to suppress economic activity such that it seemed the return from China's lunar new year festival on January 25...
AngloGold’s Dushnisky expects $202m in cash to be repatriated from DRC...
ANGLOGOLD Ashanti was confident it would get release of some $202m in cash waiting for repatriation from the Democratic Republic of Congo (DRC).
"Barrick has been...
Barrick Gold will oppose attempt by DRC state-owned firm to sell...
BARRICK Gold would not grant approval for the Democratic Republic of Congo (DRC) to sell its 10% stake in Kibali, the 750,000 ounce a...