Gold Fields refinances balance sheet as M&A looms large
GOLD Fields claimed to have achieved "a key milestone" in its balance sheet management, announcing today it had refinanced $1.44bn in credit so that...
Vedanta bullish on zinc as supply declines support price
I am frequently asked why our parent company, Vedanta, has been so particularly active in expanding its interests in zinc, one of the four...
Randgold “came close” to major gold deal – Bristow
RANDGOLD Resources "went close" to a large corporate deal with another large gold company last year as company valuations plummeted, said the UK-listed gold...
Northam suspends mine after “sporadic violence”
PRODUCTION at Northam Platinum's Zondereinde mine has been suspended after "sporadic incidents of intimidation and violence" had spread to the mine following a killing...
Tharisa to list in UK in effort to boost share liquidity
THARISA is to list on the London Stock Exchange in an effort to boost trading in the share which has a free-float of 25%...
Hummingbird raises $67m for Mali’s Yanfolila gold project
UK-LISTED gold development firm, Hummingbird Resources, has raised $67m in a share placement for Yanfolila, a gold project in Mali it bought from South...
Gold hedging makes Q1 come back despite price optimism
GOLD hedging – selling gold at a pre-determined price before it is mined - became a dirty couple of words in the mining industry...
SA platinum sector set to cut unprofitable output
SOUTH Africa's platinum sector would deal more proactively with unprofitable production in the coming months as it was in a stronger position to do...
Burden of compliance hurting juniors: Petra’s Dippenaar
PETRA Diamonds CEO, Johan Dippenaar, said it would be "very difficult" to develop a junior mining firm like his in the current regulatory environment...
Sibanye hunting 300,000 oz/year African gold miner
SIBANYE Gold was targeting a 200,000 ounce to 300,000 oz/year African (non-South African) gold mine or producing company as it sought to bolster its...