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Barrick unveils tilt at Newmont as gold industry consolidation takes breathtaking...

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THE reconfiguration of the world’s gold mining industry took another breath-taking turn today after Barrick Gold proposed an all-stock merger with US gold firm, Newmont...

De Beers merges Canadian, SA mining businesses following asset sales

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DE Beers, the diamond producer and marketer in which Anglo American has an 85% stake, is to merge its Canadian and South African mining...

Sea change in mining market once again as cost creep raises...

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DON’T look now but sentiment in the world’s mining industry has changed. In just six months, it’s transformed from brow-mopping relief at the swiftness of...

Wescoal rings in executive changes as Nedbank Capital’s Demana takes CEO...

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MID-cap coal mining firm, Wescoal Holdings, said it had appointed Nedbank Capital resources banker, Reginald Demana, as CEO of the company, effective from April....

Barrick secures foothold in Newmont in effort to cement merger credentials

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BARRICK Gold has built a small stake in Newmont Mining - about 1,000 shares worth about $36,000 - which it may use to advance...

Davis at centre of Zogota iron ore project as Steinmetz and...

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BENY Steinmetz is to make a remarkable come-back to Guinea's iron ore industry following a settlement brokered by former French president, Nikolas Sarkozy in...

Eskom to lay criminal charges for coal contract with Tegeta Exploration

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ESKOM, the South African government-owned power utility, has laid criminal charges against Tegeta Exploration & Resources regarding a corrupt coal contract, said BusinessLive citing...

Number of Gloria coal mine deaths increases to 18 after rescuers...

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THE number of illegal miners killed in a gas explosion that occurred at the disused Gloria coal mine increased to 18 after rescuers recovered...

Barrick, Newmont merger “figment of someone’s imagination”, says Lassonde

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THE possibility of a tie-up between Barrick Gold and Newmont Mining was the figment of someone's imagination, said BNN Bloomberg citing the view of...

AMCU secondary strike campaign suffers blow as it backtracks at some...

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EFFORTS by the Association of Mineworkers & Construction Union (AMCU) to hike the pressure on Sibanye-Stillwater through a seven-day campaign of secondary strikes suffered...