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Zimbabwe miners propose royalties linked to metal prices

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ZIMBABWE'S Chamber of Mines has proposed linking royalty payments to metal prices in order to protect operations during a market downturn. The propsals, reported by...

Court rules Vale, BHP not criminally liable for tailings disaster

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VALE, BHP and their joint venture Samarco were judged not to be criminally liable for the Fundao tailings dam collapse in 2015, said Reuters...

Canada’s streamers making hay in the Africa

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CANADIAN metals investor Sprott was in Johannesburg last month to drum up some business. "We are always looking for opportunities and places to invest...

Gold Fields may sell Damang, Cerro Corona after “unlocking value”

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GOLD Fields may slim down its portfolio by selling smaller mines in Ghana and Peru, said Reuters. Citing CEO Mike Fraser, the newswire said Gold...

SA Govt in “stand-off” with illegal miners at disused gold mine

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HUNDREDS of illegal miners may yet be underground at a disused gold shaft in South Africa's North West province, said Reuters describing what it...

Harmony Gold anoints Beyers Nel as CEO, with a twist

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HARMONY Gold on Thursday said Beyers Nel would take over as CEO from 2025 continuing the group's tradition of promoting its chief operating officers...

Lucara cuts revenue guidance as high value diamond sales fall

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LUCARA Diamond Corp. said on Thursday revenue would be lower for its 2024 financial year than forecast owing to lower sales of high value...

Gold Fields’s vastly improved quarter eases pressure on Fraser

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GOLD Fields turned in a vastly improved production report for its third quarter registerting strong recoveries at all its assets, especially at South Deep...

Bar raised on West Africa’s risk following executive arrests

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RECENT arrests of company executives in Mali had "raised the bar" on jurisictional risk especially as many West African nations were demanding a greater...

Anglo narrows field of metallurgical coal bids to three

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ANGLO American's shortlist of bidders for its Australian metallurgical coal mines has been narrowed to three consisting of Yancoal Australia, Stanmore Resources, and Peabody...