Saturday, August 18, 2018

The June quarterly reporting season kicks off on Thursday and analyst expectations are high for better numbers all round from the SA gold miners.

Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.

Randgold Resources has revised downwards its production guidance from its Loulo mine in Mali following a quarter the group described as "difficult".

The Bakgatla Tribe has taken legal action against Platmin and Barrick Gold over the Sedibelo transaction apparently in an attempt to improve the terms of the deal.

Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.

Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.

Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.

The capital cost of Anglo American's Minas Rio iron ore project in Brazil has ballooned out to around $4.5bn mainly because of the impact of permitting delays on the construction schedule.

Northam Platinum has resumed operations at its Zondereinde mine, after shutting down a shaft last week due an accident that killed two workers.

Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.