Lucapa paid $1.6m dividend from stake in Angolan diamond mine, Lulo
SHAREHOLDERS in Lucapa Diamond Company, an Australian-listed business, will receive a dividend payment of $1.6m from the firm's stake in Lulo, known as Sociedade Mineira...
Sabotage brings coal export rail to grinding halt forcing Transnet to...
THE Richards Bay coal line was inoperable after an act described by its owner, Transnet, as "economic sabotage" led to the back-end of a...
First Quantum to lay off 2,500 staff at Zambia mines after...
FIRST Quantum Minerals is to retrench 2,500 staff at its Zambian facilities in the first quarter of 2019 following the southern African country's plans...
Barrick merger with Randgold ready to rock and roll
The merger with Randgold Resources “will bode well” for Barrick Gold according to Fitch Solutions Macro Research in a commentary which also forecasts an...
Abel Malinga quits IDC on grounds of ill-health
Abel Malinga, 53, who has headed the Industrial Development Corporation’s mining and metals division since 2011, has resigned on the grounds of ill-health.
He has...
Glencore cleans house at Katanga after C$30m fine
Glencore - which owns 65% of copper producer Katanga Mining - is "disappointed by the conduct" at Katanga which led to the settlement announced...
Good December sales for De Beers and Gemfields
Christmas has come early for diamond group De Beers and coloured gem producer Gemfields - with both reporting good December sales - but not...
Vedanta Resources goes high-tech at Gamsberg Zinc
Vedanta Resources has gone high-tech at its new Gamsberg zinc mine in the Northern Cape as it aims to bring into production what it...
The penny drops for Mines Minister Gwede Mantashe
It was a brief and, apparently, “off the cuff” speech - because no official version has yet been put up on the Department of...
Trans Hex is still losing money at its South African operations
Diamond junior Trans Hex got back into the black in the six months to end-September but that was thanks to sale of its Lower...