Lucara terminates contract of Karowe project manager
LUCARA Diamond Corp. said on Monday it would take a hands-on approach to the completion of the $684.3m Karowe underground project, the costs of...
AngloGold installs Tropicana renewables project
ANGLOGOLD Ashanti said on Monday it had completed the Tropicana renewables project, described by the miner as the largest hybrid power system in Australia's...
Bank revises average gold price as metal surges on and on
GOLD is forecast to trade at $3,500 per ounce in the next two years and will achieve higher average prices this year, according to price...
Gold Fields keeping powder dry for higher Gold Road offer?
GOLD Fields is to raise a bond aimed at repaying a $750m bridge facility used in the acquisition of Osisko Mining, a Canadian firm.
In...
Record gold is putting bang in the ‘Roodepoort Rocket’
SHARES such as DRDGold — once known as the "Roodepoort Rocket" — are proof that traditional sell signals have weakened in precious metals. The...
Diamond slump to hold back Namibia’s economic growth
A SLUMP in the diamond market would create a difficult fiscal backdrop for Namibia despite the southern African country forecasting modest growth this year.
This...
Copper price forecast to set new record this year
THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...
Orion sets out new study for R7.59bn Prieska copper project
ORION Minerals today set down its definitive feasibility study for construction of a brownfields copper mine in the Northern Cape producing 22,000 tons of...
Mali gold output forecast assumes reopening of Barrick mine
A GOLD production forecast by Mali's mines ministry is for a major increase this year, but the West African government assumes in its calculation...
Anglo starts initial talks on possible De Beers IPO
TALKS have started over the potential listing of De Beers as 85% shareholder Anglo American sets about the most difficult part of its wide-ranging...