Harmony halves debt, pays dividend on record R5.2bn top line
HARMONY Gold kicked off its 2017 financial year in spectacular style paying a dividend and halving net debt after collecting revenue that - at...
Amplats earnings to rise at least 20%, but cost out options...
ANGLO American Platinum (Amplats) said full-year headline earnings and share earnings would be at least a fifth higher year-on-year owing to foreign exchange benefits...
Trump victory bullish for gold as policy uncertainty begins
PANIC that sent gold to a six week high as it became apparent Donald Trump would glide to an surprise victory in the US...
Lucara maintains payout tempo as ‘exceptional’ tender beckons
LUCARA Diamond, emboldened by the prospect of two tenders in the last quarter of its financial year and lower average annual costs at its...
Rio suspends executive as $10.5m Simandou payment surfaces
THE scandal and murky dealings that have characterised Guinea's Simandou iron ore project permeated into the affairs of Rio Tinto following an investigation into...
A year on, Glencore emerges undiminished by asset sales
THE sale by Glencore of its GRail coal haulage facilities in Australia for some $870m sees the Swiss-headquartered group lower net debt by $5.4bn...
How embracing biodiversity worked for Vedanta’s Gamsberg
IT has often been said that there are two incompatible animals when it comes to mining – engineers and environmentalists. But is that true...
Transnet discerns green shoots in SA coal market
TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...
DiamondCorp calls off sale process as Lace starts to improve
DIAMONDCORP, a Johannesburg-listed diamond producer, said it had called off plans to sell the business as offers had been "opportunistic" and did not correctly...
Gold Fields to buy 50% of Gruyere project in Australia for...
GOLD Fields is to extend recently announced spending on new projects to $1.7bn after announcing plans to buy 50% of the Gruyere gold project...