Senegal leader Faye tasked with keeping Ecowas alive
SENEGAL President Bassirou Diomaye Faye has been given the difficult charge of convincing military leaders of three nations not to withdraw from the regional...
Gold Fields CEO says winter ramp-up was risky at Salares Norte
THE first six months at Gold Fields have been less than easy for CEO Mike Fraser. By his own admission the first quarter "wasn’t...
Vedanta says it has funds to pay Konkola Copper creditors
VEDANTA Resources said it had arranged funds required to start paying creditors of its Konkola Copper Mines (KCM) in Zambia as it takes steps...
Thungela targets 50% increase from Ensham coal mine
THUNGELA Resources is hoping to increase production from a mine it bought in Australia last year by as much as a quarter. If it...
Glencore’s EVR bid to close by July 11 after Canada...
GLENCORE said on Friday its $6.93bn bid for Elk Valley Resources (EVR), a subsidiary of Canada's Teck Resources would close on July 11 after...
GoviEx shares plummet after Niger cancels $343m project permit
SHARES in GoviEx fell 29% by the close of trade on Thursday after the firm announced Niger had withdrawn the mining permit to the...
Australian miner raises $100m for Burkina Faso gold project
GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year...
Rio Tinto lifts stake in Malawi rutile/graphite project
RIO Tinto has increased its investment in a specialist minerals project in Malawi agreeing to exercise options in Sydney-listed Sovereign Metals.
The mining group will...
Gloomy outlook for diamonds as prices trough for Petra
THE litany of depressing news for the diamond market has continued with the latest sales figures from Petra Diamonds and a gloomy outlook on...
Implats resolves illegal strike at BRPM
IMPALA Platinum (Implats) said on Wednesday an illegal stoppage at the North shaft of its Impala Bafokeng BRPM operation had been resolved after a...