Implats to refinance balance sheet as metal prices languish
IMPALA Platinum (Implats) is to refinance its balance sheet after it today announced the terms of two convertible bonds which will replace existing convertible...
CoM not met with DMR for two months despite charter imminence
THE Chamber of Mines (CoM) had not met with the Department of Mineral Resources (DMR) for two months regarding the mining charter despite the...
Acacia insists it declares minerals as Tanzania affirms export ban
ACACIA Mining insisted it declared the value of all its exported minerals despite a report presented to Tanzania's president John Magufuli today which found...
Vedanta to increase copper ouput from Zambia mines in 2017
VEDANTA Resources is planning to improve production at its Zambian Konkola Copper mines after a difficult full year to March 2017 in which mined...
Asanko to fast-track Akwasiso, plans mine update in June
ASANKO Gold is to start mining the Akwasiso deposit at its Asanko gold mine in Ghana following government approval - a development management believed...
GEM lifts average sales price 13% as seeks recovery after Ghaghoo
GEM Diamonds said it had sold 39,950 carats for an average price of $1,636 per carat for the first three tenders of 2017 representing...
Zimbabwe to assume control over country’s diamond sector
Zimbabwe has taken over income from all diamond mining activities in the country after injecting $80m into the Zimbabwe Consolidated Diamond Company (ZCDC), a...
Atha Africa condemns CER ‘lies’ as it prepares Yzermyn
THE Centre for Environmental Rights (CER), which represents groupings such as Earthlife Africa, has been rattling some cages in South Africa's coal mining sector...
Eskom chairman Ngubane cavils at Ramatlhodi’s “naked lies”
IN a commentary evocative of Donald Trump's complaint that he was the worst treated politician in history, Eskom chairman Ben Ngubane said the South...
Pallinghurst launches bold restructure with $150m Gemfields buyout
PALLINGHURST Resources is to buyout minority shareholders in UK-listed gemstones company, Gemfields, by offering $150m in its shares in a transaction that marks the...