Harmony CEO sniffed out ‘hijacker’
Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.
Bushveld pushes JSE listing to 2020 as waits on finalisation of...
BUSHVELD Minerals has pushed out its debut listing on the Johannesburg Stock Exchange (JSE) to 2020 having previously pencilled in 2019, owing to a...
Galaxy Gold moves ahead with plans to list
New South African gold mining and exploration company Galaxy Gold has proved that it is progressing with its plans to list on the JSE by the third quarter of this year.
Lucara Diamond’s Thomas hails best market “in the better part of...
LUCARA Diamond Corporation said revenue from diamond sales, excluding exceptional stones will be as much as $225m at the upper end of its estimates...
‘Scared’ miners do most for upliftment
Some Zimbabwean mines have the best regional social projects - probably because mining groups operate in fear of the country’s government, says a research group.
Defiant Mzimela blames “Chinese retaliation” for TFR failure
A DEFIANT Sizakele Mzimela, CEO of Transnet Freight Rail (TFR), faced the Joburg Indaba mining summit today just hours after announcing her resignation and...
Rising bets on lower gold price
According to Dow Jones Newswires’ Matt Day, fund managers are ramping up their short positions on gold as they bet the commodity price will move lower in the coming weeks.
Glencore keeps the beat on 2019 shareholder payouts, targets $1bn in...
GLENCORE has targeted non-core asset sales of $1bn, the proceeds of which it would plough into a fresh round of buy-backs of $2bn (totalling...
Orion Minerals switches up ‘investment grade’ after raising R110m
ORION Minerals raised A$11m (R110m) in a share placement and swapped debt for equity with a lender in a development the firm's chairman said...
Jubilee’s ConRoast operational early 2011
JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.