Home News Page 571

News

Central Rand Gold using pension deductions in order to stay afloat...

0
CENTRAL Rand Gold (CRG), a Johannesburg-listed mining company, was using pension deductions in order to stay open, said City Press citing highly placed sources...

Tshisekedi election success introduces fresh period of uncertainty for DRC miners

0
THE disputed election of Felix Tshisekedi as president of the Democratic Republic of Congo (DRC) introduces a fresh period of uncertainty for mining firms operating...

PTM pays $8m to Liberty Metals after sale of RBPlat shares

0
PLATINUM Group Metals (PTM), the Toronto-listed minerals development company, said it had paid $8m to Liberty Metals & Mining Holdings on January 11 in...

Vector buys former AngloGold Mongbwalu prospect in DRC in $10m share...

0
SYDNEY-listed gold development firm, Vector Resources, has concluded the purchase for $10m in cash and shares a prospect in the Democratic Republic of Congo...

Endeavour takes shares in Ity to 85% after share deal with...

0
ENDEAVOUR Mining has increased its stake in its Ity gold mine in Cote d'Ivoire to 85% from 80% after buying shares in the operation by...

Lenders agree to retain covenant terms on Sibanye-Stillwater debt despite ructions

0
THE health of Sibanye-Stillwater's balance sheet is likely to remain a theme of the company's business case throughout 2019 as it was in 2018,...

Tharisa adjusts 2019 guidance as reports chrome grade stumble in Q1

0
LOWER recoveries and poor plant availability got Tharisa off to a relatively poor start to the 2019 financial year with first quarter chrome concentrate...

Kenmare ends 2018 with net cash in environment of improving pricing

0
MINERAL sands mining firm, Kenmare Resources, ended 2018 with net cash of $13.5m, representing a $47.6m turnaround in fortunes year-on-year owing to overall record...

Acacia’s North Mara hit with $130,000 fine as Tanzanian Govt. renews...

0
ACACIA Mining's North Mara mine - which has escaped flak from the Tanzanian government in respect of under-payment of taxes - has been ordered...

PGM comes to Sibanye-Stillwater’s rescue while violence flares on strike-hit gold...

0
GOLD production from Sibanye-Stillwater's strike-hit South African mines would come in slightly below guidance at some 1.1 million ounces for its 2018 financial year,...