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Randgold Resources builds towards another bumper dividend

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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

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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

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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?

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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

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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

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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

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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...

Implats to take R1.25bn refined metal hit after furnace kept offline

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IMPALA Platinum (Implats) reduced its gross refined platinum production target to between 1.51 to 1.56 million ounces for its 2018 financial year following a...

South32 defends buy-back, denies plan is to boost executive pay

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THE mining cycle may have well and truly turned to the positive again, but one company declining to dive into corporate activity in favour of...

Orion Minerals to raise $5.5m for Prieska zinc-copper project

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ORION Minerals is to raise $5.5m (R77.5m) to pay for further drilling at its zinc and copper prospect in South Africa's Northern Cape province. Exploration...