Merafe ponders dividend approach in new net cash era, volatile pricing
MERAFE Resources paid a six South African cents final dividend, taking the total dividend for the 2018 financial year to 14c/share or R351m, and...
Lift in chrome quality expected to boost Bauba Platinum in second...
AN upgrade in the chrome processing facilities of the Moeijelijk Chrome mine owned by Bauba Platinum, and the addition of a new sales contract,...
SA gold industry sustainability imperilled by Eskom rate hike
THE sustainability of South Africa’s gold mining sector, and job creation in the sector, may be compromised following a decision by the National Energy...
Acacia co-operating with Tanzania to avoid month-end closure of North Mara
ACACIA Mining said today it was conforming to the Tanzanian government’s month-end deadline aimed at permanently avoiding water seepage from its North Mara mine.
Responding...
How taking the helm of coal miner MC Mining made David...
HE may once have sat at the other end of the negotiating table from former Zimbabwean president, Robert Mugabe, and dealt in platinum projects...
Barrick’s Bristow calls talks with Newmont over Nevada JV ‘constructive’
MARK Bristow, CEO of Barrick Gold, held “constructive” talks with Newmont Mining CEO, Gary Goldberg, said Reuters citing an interview involving the South African...
Ante upped among world’s smaller gold firms as capital allocation becomes...
THE increase in merger and acquisition activity among the world’s largest gold producers would pressure smaller industry players to consider similar moves in order...
Tanzania to close North Mara by month-end unless Acacia Mining halts...
TANZANIA has given Acacia Mining until the month-end to stop waste water pollution at its North Mara gold mine or face a shut-down, said...
Zimbabwe to bring curtain down on indigenisation ownership rules for platinums
ZIMBABWE is to abandon regulations that require platinum firms to sell control of their assets to local investors, known as indigenisation, said Bloomberg News...
De Beers makes early in-roads after Lightbox launch sees 60% retreat...
REMARKABLE early evidence following the launch of De Beers’ synthetic diamond range, branded as ‘Lightbox’, is that the pricing of competing products has fallen...