Panaf weighs rights issue to finance part of R1.7bn Elikhulu
PAN African Resources CEO, Cobus Loots, would consider a rights offer to fund at least part of the balance of its R1.74bn Elikhulu project...
De Beers can “start looking” at rough diamond price increases
DE BEERS intended pushing diamond production levels back to "more normal" levels during 2017, but decisions on when to increase rough diamond prices would...
Cutifani mum on G-word but growth in copper on Anglo’s list
ANGLO American CEO, Mark Cutifani, may consider copper asset expansions or even acquisitions once net debt is further reined-in, and the firm achieves another...
Anglo to hold Kumba as Cutifani ends disposals plan
ANGLO American ended its strategy of cutting net debt through asset disposals saying instead it would operate twice as many assets as targeted a...
AngloGold resumes dividend as Obuasi, stoppage tensions ease
ANGLOGOLD Ashanti has broken its three-year dividend drought as the group reported continuing progress in a number of areas in the six months to...
Anglo may seek SA Govt. concessions ahead of demerger
ANGLO American may seek concessions from the South African government so that it would be easier to mobilise the cash generated from its assets...
Vedanta starts trial mining at Nchanga before reopening
AN improvement in operating conditions in Zambia, including a 15% reduction in the electricity tariff, has given UK-listed mining group, Vedanta, confidence to start...
Panaf downgrades gold output as suspends Evander for 55 days
PAN African Resources (Panaf) cut its full-year gold production guidance about 7% after it decided to suspend underground mining at its Evander mine in...
Petra’s Dippenaar tight-lipped on dividend as makes ‘final push’
PETRA Diamonds CEO, Johan Dippenaar, kept his cards close to his chest regarding his firm's intentions on the resumption of the dividend, saying it...
Time to call an end to the commodity price slump
IT’S time to revisit the investment clock, the diagram reproduced by Investec Securities which shows how the mining market was nearing 4pm - that...