Improved cash flow brings Harmony’s Papua New Guinea dream closer
Harmony Gold Mining Company has freed up cash and at least partially allayed some investors’ concerns that it will not be able to fund...
New “significant” copper-gold drill results for Harmony Gold
Harmony Gold Mining Company has announced "new significant copper-gold drill results" at its Kili Teke prospect in Hela, Papua New Guinea.
The results are more...
De Beers rough diamond sales total $660m in third cycle
DE BEERS' rough diamond sales totalled $660m in the third cycle of 2016 reflecting a "reasonably positive trend", said Philippe Mellier, CEO of the...
KEFI seeks approval for Tulu Kapi $120m finance plan
UK-listed KEFI Minerals said it would submit a $120m finance plan for its proposed 115,000 ounce a year Tulu Kapi Gold Project in Ethiopia...
SA Govt suspends licence for CoAL Makhado venture
COAL of Africa's (CoAL's) plans to start development of its Makhado coking and thermal coal project received a setback today when the South African...
Anglo asset sales readying group for a takeover, says analyst
THE much-vaunted restructuring of Anglo American was preparation for the company’s takeover, said Paul Gait, an analyst for Bernstein.
"No longer does this feel simply...
AMCU suspends strike as Sibanye calls in all unions for talks
THE Association of Mineworkers & Construction Union (AMCU) suspended a strike at the operations of Sibanye Gold at the eleventh hour after entering into...
Glencore $2.5bn agribusiness deal cautiously welcomed
SHARES in Glencore trended down today reflecting the mixed response - though generally positive - among analysts to the Swiss group's announcement that it...
Sibanye may ice shafts if AMCU strike is well supported
SIBANYE Gold would mine surface ore stockpiles, shut down certain shafts, and operate other shafts on a partial basis if a strike called by...
Glencore labels AMCU claim 20 miners shot “entirely incorrect”
GLENCORE rejected claims by the Association of Mineworkers & Construction Union (AMCU) that the mining group ordered security officials open fire on its members...