Frustration as platinum locked in discounted price pattern to gold
THE downbeat sentiment towards platinum that has kept it trading at a correlated discount to gold was "frustrating", but increasingly influential investors would begin...
Hayes in “Rethink” on Concordia copper plan after lessons learned
It’s been three years since Miningmx first wrote about Namaqualand-based mining entrepreneur, Shirley Hayes, and her plans to resurrect copper mining on the site...
GEM on course for record recoveries as Letšeng enjoys fresh purple...
GEM Diamonds did not anticipate any stumbling blocks in renewing the Letšeng mining lease with the Lesotho government, saying the process was merely "bureaucratic"...
DRDGold to hedge third of 2019 output as embarks on expansion
DRDGOLD today departed from a long-standing commitment not to hedge its gold production in acknowledgement that a transaction with Sibanye-Stillwater unveiled some 10 months ago...
Endeavour to sell Tabakoto mine in Mali to Algom Resources for...
ENDEAVOUR Mining made short work of its desire to sell Tabakoto, a gold mine in Mali which the Toronto-listed group said at its second...
Anglo’s Cutifani cools talk of a threat from the East
February 2015 will live in the memory as the day Mark Cutifani stared down a sceptical market which believed he’d responded too slowly to...
Sibanye-Stillwater to retire $400m in debt following streaming deal
SIBANYE-Stillwater wasted little time putting the $500m received in July from its streaming deal to good use with the company today announcing it would...
Glencore unperturbed by hostility to coal as price rises 21% in...
THE condemnation of companies with significant exposure to fossil fuels is steadily growing with banks, institutional investors, and even the companies engaged in coal...
Arendse’s SSC sets out high ambitions after buying Lily mine
FRED Arendse tells an interesting story about being called into the offices of Ralph Havenstein, then the CEO of Anglo American Platinum (Amplats). Arendse...
Canyon Coal, Menar to spend R3bn expanding SA coal output
IT'S a great pity Vuslat Bayoglu’s Canyon Coal, or its shareholder Menar Holdings, a Luxemburg company in which the Bayoglu family wealth is invested,...