BHP must raise $10bn to protect rating
BHP Billiton must raise up to $10bn through a sale of its shares to investors in order to preserve its credit rating.
Harmony lifts December output 2% q-o-q
Harmony Gold said it increased production 2% in the December quarter compared to the previous September quarter when output came in at 281,000 ounces.
Petra hits output target prices hit cashflow
Petra Diamonds said it was on course for full-year diamond production of up to 3.4 million carats in its 2016 financial year.
Kumba warns NUM on potential layoffs
Iron Ore has warned the National Union of Mineworkers that continued weakness in the price of iron ore would result in the group laying off workers.
Zim miners to resist 42% power cost hike
Zimbabwe's Chamber of Mines has resisted a proposed 42% increase in electricity tariffs by Zimbabwe Electricity Transmission and Distribution Company.
First Quantum shares hit on debt fears
Shares in First Quantum Minerals fell under pressure owing to concerns about the Toronto-listed firm's debt pile and amid weakness in the price of copper.
Miners prefer lenders to shareholders
There was little value in mining shares this year as metal prices would lower and companies prioritised lenders rather than shareholders.
Cobalt mined by children may be in phones
Cobalt used in batteries for phones, laptops and electric vehicles might be from mines in the Democratic Republic of Congo that use child labour.
BHP’s Mackenzie alludes to possible dividend cut
BHP Billiton CEO, Andrew Mackenzie, alluded to the possibility the group could cut its dividend when it announces its financial figures in February.
Kariba water levels fall to 12% of capacity
Water levels in Lake Kariba, from Zambia and Zimbabwe source their hydroelectric power, have dropped to 12% of capacity.