Miners “very engaged” in Congo Mining Code talks: Bristow
RANDGOLD Resources CEO, Mark Bristow, said mining firms were "very engaged" in negotiations with the Democratic Republic of Congo (DRC) regarding its recently adopted Mining Code...
Implats share dive ominous for world’s No.2 platinum producer
IMPALA Platinum (Implats) fell to its lowest value since 1999, reported Bloomberg News which cited analysts' fears that the company would announce a profit...
Beleaguered Noble Group asked to prove it can bankroll Resgen
THE proposed restructuring of Noble Group was the latest concern to delay the credit approvals for Resource Generation's (Resgen's) Boikarabelo, a thermal coal project...
Randgold sticks to 2018 targets after lower output batters profit
RANDGOLD Resources doubled its dividend, as expected, and kept to 2018 production guidance of 1.3 million to 1.35 million ounces of gold following a...
SA mining needs fresh ideas to counter scourge of fatalities
IF Sibanye-Stillwater discovers management at its Driefontein operation was negligent in not evacuating employees out of a seismic-hit mining area, it must surely take action....
Lucara Diamond Q1 costs exceed guidance as pressure builds
LUCARA Diamond Corporation, a Toronto-listed company operating in Botswana, kept the dividend steady at 2.5 Canadian cents per share amid a shakier operating performance...
ARC weighing further investment in Kropz’s Cape phosphate mine
AFRICAN Rainbow Capital (ARC) is considering whether it would invest further in the proposed Elandsfontein phosphate mine which it said in an investment update...
Rand eases but the margin pressure on SA PGMs is manifest
IT’S fair to say that Neal Froneman, CEO of Sibanye-Stillwater, hasn’t always been the best of friends with the South African government or its...
AngloGold on brink of positive cash flow, but Africa noise persists
ANGLOGOLD Ashanti successfully negotiated the typically difficult first quarter of the financial year reducing the net cash outflow by nearly $50m year-on-year to $70m...
Sibanye-Stillwater share punished by investors fearing output loss
SHARES in Sibanye-Stillwater took a hammering in Johannesburg on May 7, possibly on concerns related to lost production at its west Johannesburg operation, Driefontein, a...