Eskom “has a voice” in Anglo coal mine disposal plan
ESKOM, South Africa's power utility, would "have a voice" in the proposed sale of Anglo American's South African domestic coal mines, said Mark Cutifani,...
Glencore takes 2016 disposals to $3.2bn after ags deal
GLENCORE took asset disposals this year to $3.2bn following an agreement to sell a further stake in its agribusiness for $624.9m.
The Swiss-headquartered mining and...
Platinum firms will opt for quality ounces: RBPlat’s Phiri
Royal Bafokeng Platinum (RBPlat) CEO, Steve Phiri, has joined the growing number who believe primary platinum production from South Africa will be cut, a...
Gold Fields refinances balance sheet as M&A looms large
GOLD Fields claimed to have achieved "a key milestone" in its balance sheet management, announcing today it had refinanced $1.44bn in credit so that...
Vedanta bullish on zinc as supply declines support price
I am frequently asked why our parent company, Vedanta, has been so particularly active in expanding its interests in zinc, one of the four...
Randgold “came close” to major gold deal – Bristow
RANDGOLD Resources "went close" to a large corporate deal with another large gold company last year as company valuations plummeted, said the UK-listed gold...
Northam suspends mine after “sporadic violence”
PRODUCTION at Northam Platinum's Zondereinde mine has been suspended after "sporadic incidents of intimidation and violence" had spread to the mine following a killing...
Tharisa to list in UK in effort to boost share liquidity
THARISA is to list on the London Stock Exchange in an effort to boost trading in the share which has a free-float of 25%...
Hummingbird raises $67m for Mali’s Yanfolila gold project
UK-LISTED gold development firm, Hummingbird Resources, has raised $67m in a share placement for Yanfolila, a gold project in Mali it bought from South...
Gold hedging makes Q1 come back despite price optimism
GOLD hedging – selling gold at a pre-determined price before it is mined - became a dirty couple of words in the mining industry...