Glencore to sell Viterra stake for $4.1bn after agribusiness agrees merger...
GLENCORE said today Viterra would merge with US firm Bunge Ltd, a transaction that would see Glencore receive $4.1bn for its 49.99% stake in...
Centamin donates $635,000 to Egyptian Govt. in effort to fight COVID-19...
CENTAMIN said it had donated $635,000, equal to 10 million Egyptian pounds, to support Egypt in its efforts to stem the spread of the...
Endeavour Mining agrees sale of Burkina Faso gold mines to local...
ENDEAVOUR Mining has finalised an agreement to sell its 90% interests in its Burkina Faso mines Boungou and Wahgnion.
The London- and Toronto-listed gold producer...
SA’s Eskom clears COO Jan Oberholzer of wrong-doing following two-week investigation
SOUTH Africa's state-owned power utility, Eskom, today cleared its COO, Jan Oberholzer, of wrong-doing following a two-week investigation.
Oberholzer, who took up his current position...
Vedanta near settlement with Zambia over in liquidation Konkola Mines
VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, said...
MC Mining lifts March Q Uitkomst coal production 12%, hopes to...
MC MINING produced 12% more coal from its Uitkomst colliery in KwaZulu-Natal province in the March quarter, the company said in an update today.
Production...
Motsepe in PNG as opportunity knocks for Harmony’s $5bn project
PATRICE Motsepe sought to give Harmony Gold's Papua New Guinea ambitions a much-needed push after meeting with the Oceania nation's president James Marape earlier...
Harmony Gold plans to issue $200m worth of shares to get...
HARMONY Gold is to capitalise on the doubling of its share price since early March by issuing shares aimed at raising $200m required to...
Lucara’s Thomas quits as CEO as firm seeks way out of...
EIRA Thomas has stepped down as CEO of Lucara Diamond Corp., the Toronto-listed miner, the company announced today.
Her resignation comes amid high distress for...
Implats’ Marula iced after ‘cluster’ of COVID-19 cases suggests high community...
IMPALA Platinum (Implats) confirmed 19 positive cases of COVID-19 at and around its Marula joint venture in South Africa's Limpopo province.
As a result, the...