Perseus declares maiden dividend as it closes in on production target
As predicted by MD and CEO Jeff Quartermaine in July this year, ASX-listed Perseus Mining has declared a maiden dividend and laid out a...
Eskom ‘too big to fail’, Ramaphosa tells Indaba, setting stage for...
STATE-run utility Eskom, widely cited as the key risk to South Africa's mining industry and the wider economy, was "too big to fail", and...
De Beers posts $515m in seventh cycle sales as diamond market...
DE Beers reported seventh cycle rough diamond sales of $515m in line with the previous sixth cycle sales which totalled $514m.
Compared to the seventh...
Union says nationwide strike underway as protest against Eskom proposal gains...
A NATIONWIDE strike by South Africa's largest labour organisation, the Congress of South African Trade Unions (COSATU) had begun on Wednesday that included employees...
Harmony Gold says critics must see wage pact in context of...
HARMONY Gold’s three-year wage deal signed with unions on Thursday was absent any of the pyrotechnics of previous wage negotiations. There wasn’t a single...
BHP’s MacKenzie not considering quitting until “nuclear level of safety” installed
ANDREW Mackenzie said he intended to remain as CEO of BHP in order to install "a nuclear level of safety" at the company's mining...
South32 builds exposure to in-form aluminium after exercising Mozal rights for...
SOUTH32 is to increase its stake in the Mozal aluminium facilities in Mozambique to 72.1% after exercising its pre-emptive rights at a cost of...
Injured employee taking Ivanhoe Mines to court after DRC accident
KAMOA Copper, a subsidiary of Ivanhoe Mines, said it would defend itself against a claim by a former employee that he was provided with...
Assore’s Sacco takes position on Gemfields board
ASSORE International MD, Patrick Sacco is to join the board of Gemfields - the UK-listed firm in which the bulk mining investment firm has...
Wescoal, Assore: companies on different paths weighing similar goals
TWO resource companies known for their strict adherence to specialised metals production – Wescoal Holdings (coal) and Assore (steel feed minerals iron ore, manganese...