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Lucara lifts 2018 carat forecast, but warns of lower values “not...

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LUCARA Diamond Corporation forecast an increase in carat production guidance for its 2018 financial year following third quarter production of 127,031 carats owing to higher...

Endeavour’s De Montessus has no interest in returning to Acacia Mining...

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ENDEAVOUR Mining CEO, Sébastien de Montessus, said the company had no interest in African assets Barrick would sell unless they included North Mara or Kibali...

Why the law of averages is the false premise behind every...

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FORMER Gold Fields CEO, Ian Cockerill, was scathing at a recent mining conference regarding the reticence of the South African mining sector to embrace...

Wescoal may lift exposure to Universal Coal “in the long term”...

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WESCOAL Holdings raised the medium- to long-term prospect of eventually taking more shares in Universal Coal, the Australian-listed currently the subject of a takeover...

Endeavour Mining continues growth momentum, but debt hiked up to $535m

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ENDEAVOUR Mining was on course to register the upper end of its gold production guidance of 590,000 ounces for the 2018 financial year after...

Eskom extends restructure to executive class after failing to make cost...

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ESKOM'S cost-cutting drive will be extended to its executive class after the South African state-owned utility said today an operational efficiency drive had not...

B2Gold targets $200m year-end reduction in total debt as Fekola benefits...

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B2GOLD forecast total cash generation of $450m for the 2018 financial year which closes on December 31, and to have lowered total outstanding debt...

Bristow says Acacia takeover by New Barrick “a definite option”, but...

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THE buy-out of minority shareholders in Acacia Mining by New Barrick was "definitely one option", said Mark Bristow, CEO of Randgold Resources. "It's not a...

Gold Fields South Deep strike in day four with arson, violence...

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A STRIKE at the premises of Gold Fields' South Deep gold mine, west of Johannesburg, is set to move into its fifth day tomorrow...

Randgold puts best foot forward, beating consensus on the eve of...

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RANDGOLD Resources put its best foot forward one day ahead of a crucial shareholder vote on its proposed merger with Barrick Gold, posting higher...