Lucara completes $54m sale of high carat diamonds
LUCARA Diamond said on Wednesday it had concluded the sale of two diamonds – the 549 carat Sethunya diamond and the 1,080 carat Eva...
South32 receives environmental approval for Worsley expansion
SOUTH32 said on Wednesday it had received environmental approval from the federal government to extend the operational life of its Worsley Alumina facility in...
Gold’s latest surge a sign it will test $3,000/oz this year
US President Donald Trump's 25% tariffs on steel and aluminium sent gold to record highs on worries of widening trade conflict and inflation, said...
Botswana pins hopes on diamond sector recovery
BOTSWANA is pinning hopes for a recovery in the economy on the diamond sector, according to a report by Reuters.
It cited Botswana finance minister...
Implats stabilises Styldrift but metal prices to hit earnings
IMPALA Platinum (Implats) said on Tuesday headline share earnings would be 40% to 49% weaker for the six months ended December.
The rand value of...
Pan African hit with R320m opportunity cost on runaway gold
PAN African Resources is to report a decrease in interim headline share earnings owing to less gold sold in the six months, although production...
Glencore says closure of ferroalloy furnaces can be avoided
GLENCORE executive Japie Fullard said his company and joint venture partner Merafe Resources would seek a deal with the South African government in an...
Botswana leaned on Lucara to renew diamond deal
BOTSWANA may have had a lot to do with Lucara Diamond's decision to renew a marketing agreement with marketer HB Group despite finding the...
Northam’s Dunne to lead Minerals Council until May
SOUTH Africa's Minerals Council said Paul Dunne would continue as caretaker president until the organisation's annual general meeting in May.
This follows the resignation of...
Exxaro CEO resigns citing biased investigation
THE suspended CEO of South African coal producer Exxaro Resources resigned over the handling of a probe into allegations over her conduct, according to...