Amplats to sell Pandora to Lonmin for R400m to R1bn.
ANGLO American Platinum (Amplats) kept up the momentum of portfolio restructuring announcing today it had agreed to sell its 42.5% stake in the Pandora...
Anglo, South32, Glencore in earnings lift as coal maintains run
WHAT a difference $10 can make; especially in the case of South Africa’s listed diversified mining companies with exposure to coal such as South32,...
Endeavour poised to approve $307m Ity project in 2017
ENDEAVOUR Mining hoped to make an investment decision in early 2017 on the development of a $307m carbon-in-leach (CIL) mine at its Ity project...
Harmony halves debt, pays dividend on record R5.2bn top line
HARMONY Gold kicked off its 2017 financial year in spectacular style paying a dividend and halving net debt after collecting revenue that - at...
Amplats earnings to rise at least 20%, but cost out options...
ANGLO American Platinum (Amplats) said full-year headline earnings and share earnings would be at least a fifth higher year-on-year owing to foreign exchange benefits...
Trump victory bullish for gold as policy uncertainty begins
PANIC that sent gold to a six week high as it became apparent Donald Trump would glide to an surprise victory in the US...
Lucara maintains payout tempo as ‘exceptional’ tender beckons
LUCARA Diamond, emboldened by the prospect of two tenders in the last quarter of its financial year and lower average annual costs at its...
Rio suspends executive as $10.5m Simandou payment surfaces
THE scandal and murky dealings that have characterised Guinea's Simandou iron ore project permeated into the affairs of Rio Tinto following an investigation into...
A year on, Glencore emerges undiminished by asset sales
THE sale by Glencore of its GRail coal haulage facilities in Australia for some $870m sees the Swiss-headquartered group lower net debt by $5.4bn...
How embracing biodiversity worked for Vedanta’s Gamsberg
IT has often been said that there are two incompatible animals when it comes to mining – engineers and environmentalists. But is that true...