Exxaro sticks by decision to release 750 Group Five contractors at...
EXXARO Resources will continue with the termination of about 750 workers' contracts employed through Group Five Construction despite an instruction from the distressed firm's...
Caledonia Mining looking to reinvest in Zimbabwe through organic growth
ZIMBABWE'S Caledonia Mining was interested in expanding its footprint in the southern African country by means of organic growth, said Reuters.
Citing the company's CFO,...
Eskom tariff hike “a disaster’ for mining, says Minerals Council South...
A QUARTER of South Africa's mining jobs would be lost because of the additional costs coming from increased electricity tariffs over the next three...
Master Drilling looks to 2019 lift after prices, trade tariffs slow...
MASTER Drilling kept the dividend unchanged at 26 South African cents per share, and said it was "cautiously optimistic" about trading conditions this year...
Gemfields to explore London listing citing liquidity and broker coverage deficits
GEMFIELDS, a Johannesburg-listed precious gemstones miner and marketer, was giving thought to a London listing, although it would not seek funds by debuting there,...
Lonmin chairman Beamish says Sibanye-Stillwater deal crucial for survival
A $200m refinancing of Lonmin’s balance sheet in its 2018 financial year should not be seen as the solution to its liquidity challenges, said...
Kibo won’t abandon Mbeya project despite Tanzania’s shocker rejection of tender
SHARES in Kibo Energy stayed near all-time lows today despite a shareholder letter seeking to calm nerves following the rejection on February 14 of...
MOD Resources lifts T3 copper resource 57% ahead of March-end feasibility...
SYDNEY- and London-listed copper development company, MOD Resources, announced today a 61% lift in total tonnage of its T3 project in Botswana ahead of...
Jubilee Metals buys Glencore zinc refinery for $22.5m in shares and...
JUBILEE Metals Group has bought a refinery for $22.5m in shares and debt from Glencore which it will use to process material from its...
Lurco, AEMFC ready to restore Optimum Coal, but “tough decisions” in...
ELLINGTON Nxumalo acknowledges there was “a lot of leprosy” ahead of the company taking on the contracting for Optimum Coal Mine, the Mpumalanga thermal...