Odey offers to buy Acacia rights in effort to force Barrick’s...
THERE are more signs that minority shareholders in Acacia Mining are unhappy with the level of offer tabled by Barrick Gold for the company.
According...
Gold Fields realises $88m on Maverix, Red 5 as makes further...
GOLD Fields sold shares in two non-core investments for a combined $88m, a debt cutting strategy that quite likely has future funding tasks in mind,...
Bidding for AngloGold SA assets would help Harmony finance its PNG...
THE decision by AngloGold Ashanti to potentially divest of its South African operations is still relatively fresh, but an analyst thinks Harmony Gold ought...
Lucapa to kick off new $3.3m exploration phase at Angola’s Lulo...
LUCAPA Diamond Company said it would spend $3.3m on a new exploration phase at its Lulo mine in Angola over the next 12 months.
"The...
Guinea’s iron ore hopefuls facing rail route negotiations with ArcelorMittal
THE first iron ore from Guinea's giant resources may well come from smaller deposits as those are best positioned to transport the steel-making mineral,...
Sibanye-Stillwater to mothball, close four gold shafts, but limits job cuts...
SIBANYE-Stillwater will cut 3,450 jobs at its Driefontein and Beatrix gold mines reducing annual production to between 1.09 to 1.15 million ounces.
This is the...
SA mining is facing catastrophe unless it can manage the effects...
ACCORDING to the Minerals Council South Africa, full-time employment in the mining sector has shrunk by 56,366 employees over the past five years, from...
Gwede Mantashe expresses concerns Optimum Coal business rescue is “corrupt”
THE process through which Optimum and Koornfontein coal mines is being sold may be corrupt, said mines and energy minister, Gwede Mantashe.
Asked by Miningmx...
Cash flush mining fails to woo investors who are deterred by...
DIVIDENDS have never been higher and growth capital at some $57bn last year represented the first increase in five years, but the world's mining sector...
Zambia High Court reserves judgement on KCM matter until June 11
THE Zambia High Court (Lusaka) reserved judgement to June 11 on whether to join Vedanta to winding-up proceedings of Konkola Copper Mines (KCM). The...