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Pallinghurst studying exit options from manganese miner, Tshipi

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PALLINGHURST Resources is considering exiting its investment in Tshipi é Ntle Manganese Mining (Tshipi), a manganese miner operating in South Africa's Northern Cape province....

Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m

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LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...

Royalty funding set to become a low risk finance route

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ROYALTY agreements, and their legal cousins, streaming agreements, are set to become an increasingly popular mine funding mechanism, especially in times of legislative uncertainty...

B2Gold’s Fekola to exceed adjusted output guidance in 2018

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B2GOLD Corporation said its Fekola Project in Mali was expected to produce up to 410,000 ounces of gold in the firm's 2018 financial year...

Asanko Gold buys Ghana prospect from AngloGold Ashanti

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NEW York-listed Asanko Gold has bought the Miradani prospect neighbouring its Asanko Gold Mine in Ghana from AngloGold Ashanti, and will begin a drilling...

Rockwell put into provisional liquidation as Metis bows out

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ROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firm's business...

Exxaro agrees 7.5%-10% wage deal to end Grootegeluk strike

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EXXARO Resources brought a nine day strike over wages at its flagship mine, Grootegeluk and Leeuwpan to an end today after agreeing a new...

Acacia aims to save Buzwagi through processing adaptation

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ACACIA Mining expected to restore Buzwagi to a cashflow positive position after adapting the mine's processing method so it only produces gold bars, known...

NUM broadens strike at Petra mines to include Koffiefontein

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THE National Union of Mineworkers (NUM) has broadened its strike at the premises of Petra Diamonds' South African mines saying its members will down...

Cynthia Carroll conspicuous absentee at Anglo centenary bash

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FORMER Anglo American CEO, Cynthia Carroll, was a conspicuous absentee of the UK group's centenary celebration held at Vergelegen, the historic wine farm that...