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Foreign exchange shortages crippling Zimbabwe precious metal miners

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FOREIGN exchange restrictions via a government directive to control 85% of receipts were hammering precious metals miners in Zimbabwe, said executives at platinum group metal...

Dippenaar harbours no regrets about scope of Petra growth ambition

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PETRA Diamonds CEO, Johan Dippenaar, waxes philosophical about mistakes committed during his 12 years at the company, a tenure nearing its end following an...

MC Mining studying alternative plan for Makhado if snared in long-term...

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MC MINING saw its losses soar to $101.6m in the year to end-June (previous comparable period: $15.6m loss), but CEO David Brown reckoned the...

DMR drops dividend in “final” Mining Charter, but asks miners to...

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SOUTH Africa's Department of Mineral Resources (DMR) dropped a previously drafted 1% trickle-down dividend for new mining right applications in its Cabinet-approved Mining Charter, but...

Bushveld scales fresh heights amid World Bank support for battery storage...

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SHARES in UK-listed Bushveld Minerals scaled fresh heights today following the publication of its first full set of financial numbers since it took a...

Zijin puts itself in frame for Africa business saluting Barrick/Randgold merger

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ZIJIN Mining, a partner with Barrick Gold in the Porgera mine in Papua New Guinea, added itself to growing list of potential business partners...

Newmont’s Goldberg dismisses bid for Barrick, but ‘Nevada unification’ worth discussing

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NEWMONT Mining CEO, Gary Goldberg, dismissed the prospect that the US firm would make its own bid for Barrick Gold, but he acknowledged there...

Market so far buying merits of Randgold, Barrick marriage despite cool...

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INVESTORS seem to be buying the argument presented to them by Barrick Gold executive chairman, John Thornton and Mark Bristow, CEO of Randgold Resources...

Implats’ Muller lacks corporate swerve – and that’s a good thing

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NICO Muller lacks the corporate swerve – or is it the media training that is afforded to the executive class at Anglo American or...

Glencore extends buy-back programme $1bn despite September share revival

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GLENCORE has extended its share buy-back programme by another $1bn despite a 15% revival in its share price since the middle of September. The UK-listed...