Zambia’s debt cover fears may be behind gemstones tax hike
GRIZZLY by name, grisly by nature. Senegalese-owned family business Grizzly Mining flooded the Zambian emerald market to such an extent last year that it...
Ghana’s proposed Gold Board will target small scale mining
GHANA this week unveiled plans for a Gold Board that will be tasked with boosting returns from the sector by streamlining metal purchases from...
Mining’s big guns will return to “oven-ready” Anglo
ANGLO American is tipped to be among the most likely takeover target of European mining stocks, according to a report by Bloomberg News on...
Barrick to open fresh negotiations with Mali over unpaid tax
BARRICK Gold will open a new round of negotiations with Mali's military junta on Tuesday in an effort to resolve a dispute over the...
Sibanye-Stillwater M&A chief quits as firm targets austerity
THE person hired by Sibanye-Stillwater four years ago to drive its merger and acquisition strategy has resigned from the company.
The miner announced on Monday...
Anglo shares plummet as ‘bid premium’ disappears
SHARES in Anglo American fell more than six percent on Monday morning in Johannesburg following a report BHP had backed off from making a...
Glencore could end share torpor with improved dividends
A DECISION in August by Glencore management to retain the group's coal assets raises the possibility of much-improved cash dividends and cash generation, analysts say.
That's...
Implats signs deal to supply IRS with renewable power
IMPALA Platinum (Implats) said on Monday it had signed a power purchase agreement with a renewable energy aggregator that will supply 90% of energy...
SA coal exports rise for first time in seven years
COAL exports through Richards Bay Coal Terminal increased 10% in 2024 to 52.1 million tons compared to just over 49Mt a year earlier.
This is...
Fatalities on South African mines fall to record low in 2024
SOUTH Africa's mining industry reported a record low in fatalities in 2024, a performance described by mines minister Gwede Mantashe as registering "significant strides".
Department...