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Hummingbird Resources to end 2017 on high note after upgrades

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HUMMINGBIRD Resources is set to end 2017 on a high note after two stockbrokers upgraded the Mali gold firm's shares. The UK-listed firm announced its...

Parlous state of Eskom books held back to 2018

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THE extent of Eskom's parlous financial position will only be known next year after the state-owned power utility postponed its eagerly await interim results...

Atha-Africa not counting its chickens despite EA victory for Yzermyn

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THE development path of the proposed 2.5 million tonne/year Yzermyn coal mine, controversially located in Mpumalanga's protected Mabola area, was not yet made clear...

Base to raise A$100m for Madagascar’s Toliara heavy minerals project

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AUSTRALIA'S Base Resources is to raise A$100m ($76.7m) to finance the acquisition of a mineral sands project in Madagascar that was once explored by...

Acacia secures $45m cash boost as Gordon, Wray bid adieu

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ACACIA Mining shored up its balance sheet further by agreeing to sell a 2% net smelter royalty in the Houndé mine in Burkina Faso...

Blyvoor Gold set to start construction in January

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Peter Skeat’s project to re-open the former Blyvooruitzicht (Blyvoor) gold mine should finally get the green light in January after a string of funding...

Tanzania agrees to get a move on with Kibo’s Mbeya power...

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Tanzania’s Ministry for Energy has confirmed its intention to fast-track Kibo Mining’s Mbeya coal-to-power (MCPP) project by agreeing a final power purchase agreement during...

Hummingbird to pour first gold at Yanfolila before year-end

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London-listed junior miner Hummingbird Resources expects to pour the first gold at its Yanfolila mine in Mali by the end of December after starting...

AMCU comes out swinging at Sibanye’s takeover of Lonmin

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The Association of Mineworkers and Construction Union (AMCU) has attacked the proposed takeover of Lonmin by Sibanye-Stillwater threatening the kind of action in conjunction...

Desperately seeking the suitor after Gem’s Ghaghoo diamond mine

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This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error. Puzzling questions...