Bristow urged to find JV middle ground with Newmont’s Goldberg
VAN Eck International Investors Gold Fund, Barrick Gold’s top shareholder, has urged the gold company to hash out a joint venture deal with Newmont...
Platinum surplus to widen but it soon may join palladium on...
AUTOMAKERS attending the 121 Mining Conference in Cape Town during February were unanimous in their view that switching from palladium to platinum in the...
RBPlat defends rights issue timing, turns thoughts to 2020 dividend policy...
ROYAL Bafokeng Platinum (RBPlat) defended its decision to raise R1bn through a rights issue today arguing that it was necessary to lock-in finance whilst...
SA coal entrant intends market disruption, praises “beautiful” South32 assets
SAKHILE Ngcobo, a shareholder in South African coal entrant, Sibambene Coal, said the company intended to buy assets or establish joint ventures with existing...
Khulubuse Zuma may have lied about financial affairs as Pamodzi liquidators...
KHULUBUSE Zuma, nephew of former president Jacob Zuma, is back in negotiations with the liquidators of the Pamodzi mining group to pay more than...
Barrick’s Bristow to seek Newmont meeting ‘ASAP’ following takeover rebuff
MARK Bristow, CEO of Barrick Gold, said he would seek an urgent meeting with Newmont Mining after the US gold producer rejected Barrick’s takeover...
De Beers’ diamond sales down, but signs of buying revival as...
DIAMOND sales during De Beers’ second cycle of the 2019 financial year came in about 13% weaker year-on-year at some $490m, the diamond company...
Sibanye-Stillwater pulls AMCU “back to work offer”, union reportedly turns to...
Sibanye-Stillwater has terminated a back to work proposal it had offered to the Association of Mineworkers and Construction Union (AMCU) to end a strike...
RBPlat triggers R1bn capital raise through rights issue to cover Maseve...
ROYAL Bafokeng Platinum (RBPlat) has announced plans to conduct a R1bn rights issue in order to finance the upgrade of the Maseve concentrator plant...
Sibanye offers AMCU return to work proposal, no pay hike beyond...
Sibanye-Stillwater has offered the Association of Mineworkers and Construction Union (AMCU) a proposal to get its striking members in the gold sector back to...