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Kenmare completes rehabilitation with resumption of dividends, capex drive

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KENMARE Mining completed its rehabilitation today after avoiding bankruptcy in 2016 announcing plans to resume the dividend - starting with an interim payout in...

Glencore unveils new chairman after Tony Hayward announces retirement end-July

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GLENCORE chairman since its 2011 UK listing, Tony Hayward, is to retire from the mining group's board at the end of July, it was...

Phakamisa “surprised” Optimum awarded to Aussie-backed Project Halo

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THE Phakamisa Coal Consortium was "surprised" by a decision to award the purchase of Optimum Coal Mine out of business rescue to 'Project Halo'...

Amplats loses court bid to stop neighbour developing on Modikwa platinum...

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ANGLO American Platinum (Amplats) is examining a ruling handed down in the Polokwane High court last week that dismissed an application to have Nkwe...

Centamin hits Q4 marks in sign of better things to come...

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CENTAMIN produced 472,418 ounces of gold from its Sukari gold mine in its 2018 financial year, some 13% lower than in the previous year...

Kumba “registered interest” in taking stake in Transnet, says CEO Themba...

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KUMBA Iron Ore has registered an interest in taking a stake in Transnet, South Africa's government-owned freight and logistics company. "Transnet is obviously looking at...

Golden Star hoping for Prestea turnaround after cutting staff numbers in...

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GOLDEN Star anticipated an improved performance from its Prestea mine in Ghana during 2018 after cutting the mine's workforce in the fourth quarter. Production from...

Barrick, AngloGold to finally see $1bn in Kibali profits after DRC...

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BARRICK Gold CEO Mark Bristow said chances were high the company would secure an agreement this year for the payment of nearly $1bn in...

Mgojo blames Exxaro’s 30% plunge in coal exports to “one of...

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EXXARO Resources churned profits and dividends in the six months to end-June but that was thanks to its non-managed iron ore investments because its...

Gemfields heads off expensive legal fracas with Montepuez community in £5.8m...

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GEMFIELDS chose practicality over a potentially expensive legal process in a "no admission of liability" settlement with attorneys representing community members residing near its...