DMR suffers devastating defeat in Aquila Steel court battle
SOUTH Africa's Department of Mineral Resources (DMR) has suffered a devastating defeat in the High Court (Pretoria) which has potentially far-reaching implications for other...
Centamin to exceed payout hopes as Sukari shoots lights out
EGYPTIAN gold miner, Centamin, kicked off 2017 in style announcing preliminary 2016 output from its Sukari gold mine of 551,036 ounces - in excess...
Glencore studying “strategic options” over DRC’s Mutanda
GLENCORE was "considering its strategic options" in respect of its $1.8bn Mutanda Mining Company, a producer of copper and cobalt that mines in the...
Bauba Platinum shares surge as firm reopens chrome mine
SHARES in Bauba Platinum leapt 160% in the first hour of trade on the Johannesburg Stock Exchange on January 5 after the chrome and...
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...