Namibia puts mining sector into three week lockdown as steps up...
NAMIBIA closed down its mining sector for three weeks as the country stepped up efforts to curb the spread of COVID-19, said Reuters.
COVID-19 Infections...
Perseus extends Edikan mining six years after incorporating $31m Esuajah South...
PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2...
De Beers cancels third diamond sight as COVID-19 travel restrictions hit...
DE BEERS has cancelled its third sight for the 2020 financial year owing to travel restrictions placed on buyers as a result of COVID-19.
Anglo...
Downgrade a reminder of urgent reforms waiting on the other side...
SOUTH Africa had been given a daunting reminder of the challenges on the other side of the COVID-19 pandemic following the downgrade by Moody's...
AngloGold hunkers down with $1.4bn in debt citing lack of visibility...
ANGLOGOLD Ashanti has drawn on $1.4bn in debt to bolster its balance sheet of which $700m has been put aside to tide it over...
Petra retains Rothschild & Co to assess “strategic options” as COVID-19...
THESE are unpleasant times for most mining shares, but perhaps more so for Petra Diamonds which has seen plans to climb out of its...
MC Mining institutes “no work, no pay” for non-essential staff as...
MC Mining has implemented a 'no work, no pay' rule for non-essential staff following the suspension of mining at its Uitkomst coal mine in...
Golden Star reports increase in proven reserve base at Wassa, but...
GOLDEN Star reported a significant increase in proven and probable mineral reserves at its Wassa gold mine in Ghana, but the group's overall economically...
Tharisa calls force majeure on chrome sales agreements after idling concentrators
THARISA declared force majeure on its contracted chrome concentrate sales agreements after shutting down its North West province chrome and platinum group metal (PGM) processing...
Anglo cuts iron ore, coal guidance from SA but mines still...
ANGLO American forecast COVID-19 induced production hits at its South African operations, and said work on its Quellaveco copper project in Peru would be...