Banro facing share consolidation if fails to add vim to price
BANRO Corporation has six months to conduct a share consolidation or add fresh vim to its share price, the company said in an announcement...
Exxaro shareholders approve R3.5bn BEE repurchase scheme
SHAREHOLDERS in Exxaro Resources approved the R3.52bn repurchase of shares held in the firm's empowerment company MS333, a development that paves the way for...
Hummingbird awards $112m Yanfolila mining contract to AMS
UK-listed gold mining development firm, Hummingbird Resources, said it had appointed a $112m mining contract for its Yanfolila project in Mali to African Mining...
Kenmare sees Moma arbitration close with $5m Aveng award
KENMARE Resources has to pay $5m (R69m) to Aveng following an arbitration tribunal decision which found the South African contracting firm was entitled to...
Rockwell sells Remhoogte and Saxendrift for R45m
ROCKWELL Diamonds has pressed ahead with its restructuring programme announcing today it had signed an agreement to sell its Remhoogte and Saxendrift mines to...
Six of the best: good news stories that lit up 2016
THERE was a good deal of trepidation in January 2016 as analysts and executives forecast another year of nail-biting austerity. And whilst it's not...
Omens good for Anglo in 2017 as iron ore, diamonds turn...
2017 may be a vastly improved year for Anglo American, in which it celebrates its centenary, with its investments in Kumba Iron Ore and...
Is Nico Muller suited to the high level management of Implats?
THE appointment of Nico Muller as CEO of Impala Platinum (Implats) has drawn mixed reaction from the investment community with the focus falling on...
Petmin may go private following R894m private equity bid
PETMIN looks set to delist from the Johannesburg Stock Exchange following a takeover offer from a private equity firm which values the mid-tier coal...
AngloGold takes organic growth route with Tropicana output lift
ANGLOGOLD said it would increase gold production from its Tropicana mine in western Australia after extending the mineral reserves of the operation some 45%.
Annualised...