Lonmin’s solvency back in the mixer as embarks on shaft review
THE solvency of Lonmin has again been cast into the crucible after a non-cash impairment took the value of the business to $1.1bn -...
Lucara sets out $195m underground extension at Karowe
LUCARA Diamond Corporation outlined plans for a $195m underground extension of its Karowe diamond mine in Botswana following publication of a preliminary economic assessment...
Lonmin says sexual harassment of women “common and pervasive”
LONMIN dismissed a report that the German chemicals manufacturer BASF may stop buying platinum group metals (PGM) from it stating that "... a firm...
Randgold Resources builds towards another bumper dividend
AFTER pushing up its annual dividend 50% to $1 a share for the year to end-December 2016 Randgold Resources could be in a position...
Acacia CEO quits two weeks after Barrick compact with Tanzania
ACACIA Mining, the Tanzanian gold miner in which Barrick Gold has a 64.9% stake, has been dealt a serious blow after two of its...
BASF may end Lonmin relationship unless human rights tackled
GERMAN chemicals company BASF has threatened to terminate its relationship with Lonmin if the UK-listed platinum group metals (PGM) business fails to tackle community...
Can mining executives ever truly win back the trust of investors?
MINING shares may be back on the screens of investors globally, but they are not viewed with quite the same sense of unbridled enthusiasm...
Sibanye-Stillwater confirms 7,000 employees cut at Cooke
SIBANYE-Stillwater said it had completed a restructuring process at its Cooke gold and uranium shafts on the West Rand cutting a total of 6,976...
NUM to stage mass meeting at Cooke as Sibanye readies axe
SOUTH Africa's National Union of Mineworkers (NUM) is to hold a mass meeting at Sibanye-Stillwater's Cooke shafts, west of Johannesburg, on November 1 after the...
GEM sticks to diamond sales guidance despite hitch at Letšeng
GEM Diamonds has made an adjustment to its full-year ore treatment forecast after locating a crack in its plant equipment at its Letšeng mine, the...