Lucapa takes sales to $35.5m, but firm holds back large stones...
LUCAPA Diamond Company, a Sydney-listed company operating in Angola and Lesotho, said diamond sales for the year were now at $35.5m following the latest...
Golden Star adopts hedging program whilst runs rule over mines in...
GOLDEN Star is the latest African gold company from the junior to mid-cap sector, to adopt price protection amid elevated levels for the dollar...
Glencore’s Freyberg plots $2bn turnaround in African fortunes after group loses...
PETER Freyberg, Glencore's COO, has targeted a $2bn turnaround in the fortunes of the African copper mines over which the group appeared to have...
B2Gold to meet low end of guidance post $100m sell down...
B2GOLDÂ registered second quarter gold production of 246,020 ounces, an increase of 2% over the corresponding quarter of the previous financial year.
Production includes gold from...
Zambia High Court turns down Vedanta’s bid for stay against KCM...
VEDANTA hopes for a stay of the winding up proceedings against its Zambian subsidiary Konkola Copper Mines (KCM) were dashed today by the country's...
Glencore confirms mothballing of Mutanda as half year earnings slide 32%...
GLENCORE suffered the effects of a slump in the cobalt price and the under-performance of its African copper business which led it into a...
Northam buys back R403m in Zambezi Platinum prefs as cash floods...
FURTHER evidence that South Africa's platinum group metals (PGMs) sector was enjoying the benefits of positive cash flow was demonstrated by Northam Platinum which...
Zimbabwe hoping to ease electricity shortage after paying regional provider
ZIMBABWE looks set to ease its electricity shortage problems after paying debt owned to a regional supplier, said Reuters.
George Guvamatanga, secretary for Zimbabwe's ministry...
RBPlat takes hefty 70.8 cent/share interim loss as grip over Styldrift...
ROYAL Bafokeng Platinum (RBPlat) sustained a heavy interim loss as the strain of expensing an under-performing Styldrift project took its toll resulting in higher...
Business Unity’s Pityana lays into Govt after failing to respond to...
SOUTH African business lobby group, Business Unity South Africa, has expressed its frustration with the government's handling of power utility, Eskom's debt burden, saying...