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Petra net debt rises but Dippenaar claims firm on track for...

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PETRA Diamonds said it was on course to generate free cash flow in 2019 following production and sales numbers for the first quarter of...

$200m metals deal delivers clean, brushed up Lonmin ahead of Sibanye-Stillwater...

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LONMIN reported a vastly improved net cash position of $114m for 2018, an increase of $97m for the year, and unveiled a $200m metals...

Acacia’s isolation plain as potential change at Barrick dubbed “fantastic”

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THE isolation in which Peter Geleta finds himself was almost tangible today when he described the prospect of having Randgold Resources CEO, Mark Bristow, as...

Optimum Coal Mine needs R1bn to R2bn in order to be...

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A MEMBER of a consortium bidding to take control of Optimum Coal Mine estimated it would cost between R1bn and R2bn to recapitalise the...

Acacia to “reach out” to Tanzania’s government as dispute turns toxic,...

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ACACIA Mining said it planned to resume direct negotiations with the Tanzanian government following a "deeply concerning" escalation in tensions which have seen former...

Quartermaine expects Yaouré licence will be issued despite it “bouncing around”

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PERSEUS Mining CEO, Jeff Quartermaine, told analysts he expected his company to eventually win a prospecting licence for the $264m Yaouré project in Côte d’Ivoire...

South32 keeps SA thermal coal production guidance steady at 29Mt

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SOUTH32 kept production guidance unchanged across its properties following the first quarter of its 2019 financial year, including at its thermal coal assets in...

China’s Zijin Mining “paying attention to Tanzania” but “not yet negotiating”

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ZIJIN Mining Group, the Chinese company that last month agreed to buy Nevsun Resources for C$1.86bn, was "paying attention" to Tanzania, but it was...

Acacia confirms more arrests, charges as Tanzania widens “war on minerals...

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ACACIA Mining confirmed the Tanzanian government today widened its crackdown on alleged corrupt practices in respect of a property company operated by the UK-listed...

Anglo shares preferred on under-appreciated copper and “chatter” of Brazil discovery

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SHARES in Anglo American are being tipped for further gains. Analysts highlighted the quality of the group's South American copper exposure whilst a relatively...