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Avesoro hoping higher gold price will help reduce capital bill shortfall...

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AVESORO Resources, a gold miner operating in Burkina Faso and Liberia, said it hoped to make significant in-roads into a previously estimated capital shortfall...

Lucapa Diamond targets operational profit in 2019 as Lulo, Mothae track...

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LUCAPA Diamond Company (Lucapa) said it was on track to post an operational profit in its 2019 financial year after its Lulo and Mothae...

Acacia facing inspection of North Mara before GoT issues gold export...

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ACACIA Mining is seeking clarification regarding the timing of a proposed inspection of its North Mara mine in Tanzania after receiving a letter from...

Anglo American’s Cutifani not thinking of retirement as plots coup de...

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IT would be a trifle indelicate to draft Anglo American CEO, Mark Cutifani’s corporate epitaph right this minute; after all, he’s busy. A 10-year technical...

Sibambene’s Ngwenya targets re-write of SA coal’s ownership rules

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NOMFUNDO Ngwenya won’t confirm whether Sibambene Coal, the consortium of which she is chairwoman, is in the mix for the South African thermal coal...

Solid from Pan African, but running battles with criminal element at...

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PAN African Resources reiterated its 185,000 ounce production target for the 2020 financial year, and said it would accelerate studies into new projects, but...

BHP bullish on iron ore future for the next 50 to...

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BHP said the medium- to long-term fundamentals for iron ore were good and could support the construction of 11 more mines in Australia's Pilbara region...

Ray of hope for Eskom as PIC proposes debt-to-equity swap

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DEBT-stricken Eskom has received a ray of hope in the form of a debt-to-equity swap proposal. Daniel Matjila, former CEO of the PIC, evoked...

Mantashe has a mountain to climb as SA mining exploration is...

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South African mines and energy minister, Gwede Mantashe, said the country hopes to capture 5% of the $10bn global exploration spend, and has promised...

Kenmare detects strengthening in ilmenite market for remainder of 2019

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MINERAL sands producer, Kenmare Resources, said pricing for its products such as ilmenite, had strengthened in the second quarter and were likely to continue...