B2Gold brings curtain down on all-action acquisition strategy
B2GOLD has brought the curtain down on its all-action, growth-through-acquistion strategy because gold's return to favour among investors was increasing valuations whereas for the...
MC Mining takes $87.5m Vele hit, but collects first Uitkomst revenue
MC Mining, formerly known as Coal of Africa, collected its first full revenues from the recently acquired Uitkomst colliery but a sea-change in the...
GEM Diamonds sets $100m cost-saving drive at Letšeng mine
HAVING twice run up blind alleys seeking international expansion, GEM Diamonds is setting its sights on maximising the jewell in its crown with a...
Kenmare to ask lenders to release shares in bid to lift...
MINERAL sands mining company, Kenmare Resources, said it was in discussions with lenders to release shares into the market in order to improve liquidity...
Endeavour to focus on portfolio, exploration, and AISC in 2018
ENDEAVOUR Mining guided to gold production of 620,000 to 720,000 ounces for its current financial year which could be as much as 8.6% higher...
Glencore weighing legal options as suitors vie for Optimum
GLENCORE may add its name to the companies hoping to take the former Gupta family thermal coal business, Optimum Coal Mine, out of business...
Temptation to draw on retirement leaves mine employees wanting
AS a trustee of one of the country’s major mining retirement funds, and as a trade union official who is often involved in retrenchment...
Agnelli family, with taste for icons, buys stake in Sibanye-Stillwater
AN investment company with shares in some of the world's most recognisable brands has taken a 5.4% stake in Sibanye-Stillwater, a development that may...
Master Drilling exercises Bergteamet call option for R100m
MASTER Drilling, the Johannesburg-listed company that provides the South African and international mining sector specialised drilling technology, said it had exercised its right to...
Capital pressure will most likely send Seriti to a JSE listing
MIKE Teke, the former Chamber of Mines president, was elusive earlier this month when asked if the firm he now heads, the Seriti Consortium,...