Acacia buys $3.2m in put options to protect remaining revenue
ACACIA Mining sought to further minimise the impact of an export halt on minerals in concentrate from its Bulyanhulu and Buzwagi mines in Tanzania...
Capex cuts, inflation “beginning to bite” platinum supply
LOWER capital expenditure and above inflation cost increases among platinum miners were "beginning to bite", said the World Platinum Investment Council (WPIC) which today...
Pretorius may ask DRDGold board to consider hedging volatile rand
DRDGOLD CEO, Niël Pretorius, said he wanted to raise the question of gold or currency hedging contracts at the firm's next board meeting as...
Australia’s Orion Minerals applies for JSE listing
AUSTRALIAN base metals exploration firm, Orion Minerals, said it had applied for a secondary listing on the Johannesburg Stock Exchange which would expand its...
DRDGold takes pain after year of restructure, maintains payout
GOLD retreatment firm, DRDGold, blamed significantly lower earnings in its 2017 financial year on operational restructuring and the removal of "legacy issues", and said...
Magara adamant Lonmin can continue to find levers to pull
BEN Magara hasn't had many opportunities to crack a smile during his two years as Lonmin CEO, but at a recent breakfast meeting he...
Pallinghurst set about restoring Gemfields to profitability
WHEN Pallinghurst Resources CEO, Arne Frandsen, announced to the market in May that the equity group was moving to buy out its 75%-owned coloured...
Acacia chops back at Bulyanhulu as Tanzanian impasse continues
Acacia Mining is to shut down underground operations at its Bulyanhulu gold mine in Tanzania which will drop group annual gold production by 100,000oz...
Power drain: How Eskom is sliding towards bankruptcy
The rosy picture that Eskom’s executives painted recently of the power utility’s financial position could create the impression that reports of hardship were exaggerations,...
Swanepoel revelling in comedian with a conscience role
IN his heyday – when he ran Harmony Gold during its expansion phase before the train smash with Gold Fields – one of the...