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Firestone mothballs Liqhobong as COVID-19 pressure bears down on diamond sector

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THE pressure of downtime imposed by the COVID-19 pandemic is starting to tell on southern Africa's diamond sector after Firestone Diamonds announced it would...

Hummingbird expects cost pressures as COVID-19 reverberates through gold sector

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HUMMINGBIRD Resources said it was on track to be net cash by the second half of its current financial year, but it also expected...

Mopani CEO detained at Lusaka airport as Zambia’s feud with Glencore...

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ZAMBIA'S feud with Glencore took a sinister turn after the head of the company's local copper company was prevented from leaving the country, said...

DRDGold restarts limited operations at Ergo, Far West Gold Recoveries

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DRDGOLD has resumed limited operations at its Ergo and Far West Gold Recoveries (FWGR) operating a two-shift cycle utilising 34% and 60% of total staff...

AngloGold returns to full production, except at SA where lockdown regime...

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PRODUCTION at about 90% of AngloGold Ashanti's operations was back to normal following relaxation of COVID-19 restrictions in all of the group's districts bar...

SA’s Eskom clears COO Jan Oberholzer of wrong-doing following two-week investigation

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SOUTH Africa's state-owned power utility, Eskom, today cleared its COO, Jan Oberholzer, of wrong-doing following a two-week investigation. Oberholzer, who took up his current position...

World’s gold mining companies are “well positioned” to weather COVID-19 storm

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THE world's gold mining stocks would be well positioned to weather the COVID-19 storm owing to elevated bullion prices, especially in the first quarter,...

Namibian miners to remain in lockdown until May 4 following 2.5...

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NAMIBIA'S mining sector will remain in lockdown for a further two-and-a-half weeks until May 4 in terms of the country's extended efforts to combat...

Quellaveco is signature project that will make Cutifani’s Anglo re-invention complete

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T his month, straight-talking Aussie, Mark Cutifani, will have been at the helm of Anglo American for seven years, a year longer than at AngloGold...

Zambia gives Glencore a week to defend mining licence as Mopani...

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THE Zambian government has upped the ante with Glencore saying the Swiss mining and commodities marketing firm has seven days to say why it...