De Beers’ diamond sales down, but signs of buying revival as...
DIAMOND sales during De Beers’ second cycle of the 2019 financial year came in about 13% weaker year-on-year at some $490m, the diamond company...
Sibanye-Stillwater pulls AMCU “back to work offer”, union reportedly turns to...
Sibanye-Stillwater has terminated a back to work proposal it had offered to the Association of Mineworkers and Construction Union (AMCU) to end a strike...
RBPlat triggers R1bn capital raise through rights issue to cover Maseve...
ROYAL Bafokeng Platinum (RBPlat) has announced plans to conduct a R1bn rights issue in order to finance the upgrade of the Maseve concentrator plant...
Sibanye offers AMCU return to work proposal, no pay hike beyond...
Sibanye-Stillwater has offered the Association of Mineworkers and Construction Union (AMCU) a proposal to get its striking members in the gold sector back to...
Investors flock to Toronto this week with gold consolidation deals top...
INVESTORS gathering at the Prospectors and Developers Association of Canada conference in Toronto this week will be seeking more news on potential consolidation in...
Alphamin in talks with lender to raise $12m after delays result...
ALPHAMIN, a Toronto- and Johannesburg-listed mining development company, is to raise $12m after identifying a working capital shortfall of $9m related to a change...
DRC president, Felix Tshisekedi, ambiguous on application of new mining code
FELIX Tshisekedi, the newly elected president of the Democratic Republic of Congo (DRC), gave mixed messages on how he would implement a recently promulgated...
Fraser ranking boost an improvement, but SA Govt. not doing enough
THE improvement in ranking of South Africa in the Fraser Institute 'Annual Survey of Mining Companies' was laudable, but the country’s government could move...
Anglo takes direct stake in zinc-copper developer, Orion Minerals
ANGLO American is to take a direct stake in Orion Minerals, one of South Africa’s few listed exploration companies, following agreement to convert preference shares...
ARM calls time on Nkomati Nickel after R892m write-down takes mine...
THE troubled Nkomati Nickel mine was the fly in African Rainbow Minerals’ (ARM’s) interim results ointment recording a headline loss of R186m and forcing...