Harmony cuts Wafi-Golpu capex $1bn, lifts output 29% in new study
HARMONY Gold today unveiled an update of a feasibility into the Wafi-Golpu copper/gold project in Papua New Guinea (PNG) saying it would spend $1bn...
Mantashe opens Mining Charter talks with characteristic obduracy
THE South African government was reluctant to reshape the Mining Charter following weekend talks between the country's mining sector and mines minister, Gwede Mantashe....
ARM may join Harmony in funding Wafi-Golpu gold project
AFRICAN Rainbow Minerals (ARM) may be considering getting involved with associate Harmony Gold over the development of the Wafi-Golpu copper/gold project in Papua New...
SA miners see wriggle room after Zimbabwe regime change
MARK Cutifani, CEO of Anglo American, described Chris Griffith, his counterpart at the 80%-owned listed subsidiary, Anglo American Platinum, as "keen as mustard" to...
ARM declares maiden interim dividend on metal prices fly
AFRICAN Rainbow Minerals (ARM) followed its stellar performance in the year ended June 2017 - when it trebled earnings and doubled its dividend to...
Miners to target stability clauses ahead of key DRC code talks
MINING companies that arrived in the Democratic Republic of Congo (DRC) for month-long talks regarding implementation of newly promulgated mining code say they will...
B2Gold brings curtain down on all-action acquisition strategy
B2GOLD has brought the curtain down on its all-action, growth-through-acquistion strategy because gold's return to favour among investors was increasing valuations whereas for the...
MC Mining takes $87.5m Vele hit, but collects first Uitkomst revenue
MC Mining, formerly known as Coal of Africa, collected its first full revenues from the recently acquired Uitkomst colliery but a sea-change in the...
GEM Diamonds sets $100m cost-saving drive at Letšeng mine
HAVING twice run up blind alleys seeking international expansion, GEM Diamonds is setting its sights on maximising the jewell in its crown with a...
Kenmare to ask lenders to release shares in bid to lift...
MINERAL sands mining company, Kenmare Resources, said it was in discussions with lenders to release shares into the market in order to improve liquidity...