Hichilema hails prospect of linking Zambia to Lobito Corridor
ZAMBIAN President Hakainde Hichilema hailed plans to connect his country to the US-backed Lobito railway corridor project, saying it would boost the continent's ambitions...
Galiano Gold cancels royalty deal with Red Kite
GALIANO Gold said on Thursday it had terminated a gold purchase and sale agreement with Red Kite Opportunities Master Fund Limited paying $13m.
In terms...
Paladin reopens Langer Heinrich after maintenance shutdown
PALADIN Energy, the Australian-listed uranium development firm, said it had restarted its Namibia mine Langer Heinrich (LHM) following a planned shutdown.
"During the shutdown, routine...
Exxaro suspends CEO amid work practice, governance probe
NOMBASA Tsengwa, CEO of Exxaro Resources has been temporarily suspended while the firm's board runs an investigation into her work conduct and governance practices.
"The...
SA’s best performing gold stock takes strategy to Australia
IT'S been a breakout year for Pan African Resources, the Joburg- and London-listed gold miner. Its share cruised to a new record high last...
Lucara to spend $115m in 2025 completing Karowe shaft
LUCARA Diamond Corp. forecast capital spend of $115m in 2025 in order to complete construction of the Karowe underground expansion.
The focus will fall on...
Green shoots for Transnet as coal export deliveries race higher
THERE were more green shoots for Transnet Freight Rail (TFR), South Africa's state-owned ports and rail company following its strongest coal export performance in...
Gem hopes Botswana Govt will halt “inappropriate” diamond sales
THE surprise election in November of Botswana President Duma Boko could result in "inappropriate sales" of diamonds from "a major competitor" being stopped in...
Anglo concludes $157.5m iron ore deal with Vale
ANGLO American said on Tuesday it had completed a deal incorporating the Serpentina iron ore deposit into its Minas Rio iron ore mine in...
Exxaro to retain up to R15bn in net cash for dealmaking
EXXARO Resources expected to retain up to R15bn in net cash to fund diversification plans which it said previously were focused on manganese in...