Gemfields details scenes of brute anarchy at Ethiopia emerald site
JOHANNESBURG-listed gemstone miner and marketer, Gemfields (previously Pallinghurst Resources), described scenes of sheer anarchy that unfolded on July 31 at its 75%-owned Ethiopian emerald...
Resgen signs R4bn Boikarabelo contracts as funds hang in balance
RESOURCE Generation (Resgen) kicked on with the development of Boikarabelo, a large thermal coal deposit in the Limpopo province, by signing $310m (R4.1bn) in...
All systems go for DRDGold as R396m Sibanye-Stillwater deal sealed
IT was all-systems go for DRDGold which announced today it had concluded the purchase of surface gold reserves from Sibanye-Stillwater in exchange for a...
De Beers to run 30-day search in last gasp effort to...
DE BEERS has abandoned its formal process of finding a buyer for Voorspoed, the Free State province mine the diamond group said in November it...
ESG policy adjustment may leave Resgen short of project funds
RESOURCE Generation's (Resgen's) hopes of closing funding for its Boikarabelo project in South Africa's Limpopo province were dealt another blow after one of the...
Glencore’s solid numbers lift gloom cast by exogenous factors
GLENCORE turned in solid production numbers for the second quarter and first half of its financial year, a feature of which was the ramp-up of...
Anglo’s ‘balance’ argument on returns informed by project pipeline
INVESTORS were a little sniffy about Anglo American's reticence to go over and above its stated dividend policy of paying out 40% of earnings.
The frustration...
Slippage in Gruyere takes project cost to A$621m for Gold Fields
GOLD Fields today reported a 10% slippage in the capital cost estimate for its Gruyere gold mine, held in joint venture with Gold Road...
Lonmin tackles Q3 sans mishap as Sibanye-Stillwater merger looms
LONMIN negotiated the third quarter sans major production mishap, especially at its smelting facilities which it said were "running normally".
As a result, Lonmin expected...
West Wits asks for chance as Florida, Soweto oppose mining
ALL West Wits really wants is "a fair go" at mining responsibly, chairman Michael Quinert said on Thursday.
He was addressing a media briefing to...