Rainbow Rare Earths targets cash-flow breakeven by end of 2019
AIM-listed Rainbow Rare Earths said it aimed to become cashflow breakeven in its 2019 financial year provided it was able to bring four mining...
Barrick-Newmont ‘hostilities’ off the radar for two years – Bristow
MARK Bristow, CEO of Barrick Gold, said there would be no further hostilities between his company and Newmont Mining for another two years in...
Emirates Global Aluminium nearing finance for $1.4bn Guinea bauxite mine
GUINEA Alumina Corporation, a subset of Emirates Global Aluminium, is nearing conclusion of a finance package worth $700m to $800m which it will use...
Start-up diamond companies moot plans for privately-established development fund
LENGTHY delays in securing mining permits and licences, onerous and inappropriate regulatory requirements, lack of funding for entrepreneurs, and a Mining Charter and implementation...
Barrick abandons Newmont takeover in wake of Nevada JV forecast to...
BARRICK Gold Corporation has abandoned its $18bn takeover attempt of industry rival, Newmont Mining, in favour of a joint venture in which the two...
Centamin to remain under pressure whilst management credibility deficit continues
SHARES in Centamin could remain under pressure for the foreseeable future unless the company was able to set out a short- to medium-term production...
Merafe ponders dividend approach in new net cash era, volatile pricing
MERAFE Resources paid a six South African cents final dividend, taking the total dividend for the 2018 financial year to 14c/share or R351m, and...
Lift in chrome quality expected to boost Bauba Platinum in second...
AN upgrade in the chrome processing facilities of the Moeijelijk Chrome mine owned by Bauba Platinum, and the addition of a new sales contract,...
SA gold industry sustainability imperilled by Eskom rate hike
THE sustainability of South Africa’s gold mining sector, and job creation in the sector, may be compromised following a decision by the National Energy...
Acacia co-operating with Tanzania to avoid month-end closure of North Mara
ACACIA Mining said today it was conforming to the Tanzanian government’s month-end deadline aimed at permanently avoiding water seepage from its North Mara mine.
Responding...