Glencore due for re-rate after “no surprises” output numbers
GLENCORE delivered production numbers in line with guidance with key metals copper and zinc down year-on-year owing to production cuts, while coal was also...
Harmony pays dividend but CEO collects flak for Hidden Valley
HARMONY Gold is to pay a 50 South African cents per share dividend after another robust set of results in which it whittled net...
Illegal sit-in at Randgold’s Tongon ends after ‘settlement’
AN illegal sit-in at the premises of Randgold Resources' Tongon mine in Côte d’Ivoire had ended following a settlement, the details of which were...
Centamin delivers ‘stellar’ dividend as Sukari beats guidance
CENTAMIN capped a good year paying a 13.5 US cents per share final dividend, described by Investec Securities as "stellar", and taking the full...
NUM to call national coal strike after bust-up with Chamber
THE National Union of Mineworkers (NUM) is to embark on a national strike in the coal sector following the disintegration of discussions in which...
Shareholders throw weight behind Banro $207.5m refinance
BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...
SA coal exports slide amid evaporation of BEE supply
TRANSNET Freight Rail (TFR) has pegged maximum coal railage capacity on the Richards Bay line at 81 million tonnes (mt) annually for at least...
SA platinum consolidation still on the table for Sibanye’s Froneman
THERE are market whispers that Sibanye Gold’s daring R30bn takeover of Stillwater Mining, a platinum and palladium company in the US, may be Neal...
Randgold in talks to end four day illegal sit-in at Tongon
TALKS to resolve an illegal sit-in by employees at Randgold Resources' Tongon mine in Côte d’Ivoire were underway, the company said in a statement.
The...
AngloGold will rely on law as it defends safety record, conduct
ANGLOGOLD defended its safety record, and its conduct with government, following critical comments by mines minister, Mosebenzi Zwane, who on January 25 said mining...