Home News Page 538

News

Petra wins covenant relaxation from lenders in vote for cash flow...

0
LENDERS agreed to adjust covenant terms for debt provided to Petra Diamonds, a development largely anticipated but which newly appointed CEO, Richard Duffy, described...

Goldplat parts ways with CEO, Kisbey-Green following failure to fund Kilimapesa

0
GOLDPLAT CEO, Gerard Kisbey-Green, as resigned from the company after a four-year stint in which time the company has achieved profitable gold mining in...

Road clear for $265m Yaouré after Côte d’Ivoire awards final permit...

0
PERSEUS Mining ticked off the final permit required ahead of developing the $265m Yaouré gold project in Côte d’Ivoire after the West African government granted the...

AMCU to launch legal defence against SA government de-registration effort

0
THE Association of Mineworkers & Construction Union (AMCU) said it would defend itself against efforts to de-register it by the government's Department of Labour. In...

Implats keeps ship relatively steady despite Eskom wobbles, community disruptions

0
REFINED platinum production from Impala Platinum (Implats) would be at the lower end of its 1.5 million to 1.6 million ounce guidance for the...

Sibanye-Stillwater adjusts upwards share offer for Lonmin on better PGM pricing

0
SIBANYE-Stillwater edged up its all-share offer for Lonmin in acknowledgment of improved pricing for platinum group metals (PGMs). Announcing the publication of a circular ahead...

Firestone generating free cash from Liqhobong, noses recovery in small diamond...

0
FIRESTONE Diamonds said it continued to generate free cash after finance costs in the third quarter of its 2019 financial year amid the first...

Acacia sees proposal ending Tanzania dispute this quarter as “pressure points”...

0
ACACIA Mining said it was hopeful of receiving a proposal potentially ending a two-year ban on gold-in-concentrate exports from Tanzania this quarter as President...

Gold Fields loosens SA apron strings as positions for 2 million...

0
GOLD Fields signalled it would further loosen the apron strings to its South African mine South Deep during the current financial year producing two...

Amplats, Kumba keep 2019 output numbers unchanged despite Q1 whiffles

0
PRODUCTION decreases at Anglo American Platinum (Amplats) and Kumba Iron Ore in South Africa were among the main features of Anglo American's first quarter...