Glencore’s Glasenberg makes case for stronger for longer coal price
GLENCORE CEO, Ivan Glasenberg, remains bullish on the outlook for coal, despite widespread consensus that climate change considerations are gradually reducing demand.
Glencore is putting...
Botswana’s Minergy to attempt Eskom coal sales deal after earlier rebuff
BOTSWANA'S Minergy, a coal development company due to list in London next year, said it would attempt to sell coal to Eskom, the beleaguered...
Glencore presses button on increased project capex as metal inventories dwindle
GLOBAL commodities marketer and miner, Glencore, will spend about $300m more a year on capital expenditure (capex) over the next three years than previously...
DRDGold set to commission first phase of new project on December...
DRDGOLD is set to commission the first phase of the Far West Gold Recoveries Project on Thursday (December 6), only four months after beginning...
Gold Fields’ South Deep heads for prolonged strike after NUM rejects...
THE South Deep regional branch of the National Union of Mineworkers (NUM) declined to accept an improved retrenchment package offered by Gold Fields, raising...
Kumba to report low end of iron ore sales after truck...
KUMBA Iron Ore would report mineral sales at the lower end of guidance - at about 42 million tonnes (Mt) - for the 2018...
Kropz raises $35m in AIM debut, unveils all-share deal for RoC...
KROPZ, a phosphate development and mining company, debuted on London's Alternative Investment Market (AIM) today, raising $35m in a share offering and announcing the...
Exxaro was “frustrated” with Eskom coal procurement, but signs of hope...
EXXARO Resources expressed frustration with Eskom's coal procurement processes in which it could take a year to complete a new coal sales agreement, even...
Lonmin makes final bow with cash up, but future as standalone...
PUBLISHING its final results for possibly the last time, Lonmin turned in a $1bn turnaround in operating profit for its 2018 financial year following...
Heavy rains in Mali weigh as Hummingbird reduces guided 2018 gold...
HUMMINGBIRD Resources said it was confident of coming through its first major headwind since commissioning its Yanfolila gold mine in Mali a year ago,...