Afrimat warns of interim earnings collapse as iron ore disappoints
AFRIMAT warned shareholders it was set to report a heavy decline in interim headline earnings owing to lower iron ore sales and a weaker...
UBS says gold to break through $3,000/oz in 2025
THE gold price would rally towards $2,800 per ounce and break through $3,000 next year as central banks led by the US Federal Reserve...
Paladin bid for Fission in limbo as Canada probes deal
PALADIN Energy said on Wednesday it was still waiting on regulatory approval for its proposed C$1.1bn takeover of Canada's Fission Uranium Corp.
This was despite...
Thungela excludes Anglo coal mines in M&A pursuit
THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American's Australian assets weren't on its...
Roger Baxter to lead Southern Palladium US investor push
SOUTHERN Palladium has appointed economist and well known mining figure Roger Baxter as the exploration firm's executive chairman.
Baxter was previously non-executive chair of Southern...
Big league investors back new approach to mining
A REPORT by some of the world's largest investors have urged a more hands-on approach to investing in mining companies by pushing for better...
West African Resources confirms mining permits not in peril
WEST African Resources (WAF) said on Tuesday it had received assurance from the Burkina Faso government that its mining licence would not be withdrawn.
This...
Shares in Burkina Faso miners under pressure amid permit fears
BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing...
Wanblad says Anglo not a sitting duck
ANGLO American CEO Duncan Wanblad didn't believe his group would fall victim to a takeover once he had completed a radical restructuring of the...
Lucara to sell digital diamond sales company to former CEO
LUCARA Diamonds announced on Monday it had sold its digital diamond sales channel as it focussed on the commissioning of Karowe mine's expansion project.
William...