Kibo signs agreement with SEPCO III
The signature of Chinese engineering company to the Mbeya Coal to Power Project in Tanzania is a keystone event, says Kibo Mining.
Anglo’s Cutifani boss pledges 20% return
Mark Cutifani, CEO of Anglo American, said the company would achieve 20% return on capital once it had been restructured.
Solidarity settles with Northam but NUM continues
Trade union Solidarity signed "a favourable" wage agreement with Northam Platinum following a second round of wage negotiations between trade unions and the company.
Rio’s Rossing to cut more jobs
Rio Tinto's Rossing Uranium, a miner in Namibia, is likely to cut more jobs in order to cope with reduced demand and lower mine grades.
Randgold, Centamin, Acacia oversold: Investec
Shares in UK-listed gold firms Randgold Resources, Centamin and Acacia Mining had been oversold as all three had strong balance sheets.
Low oil price no panacea, Nick Holland
The low oil price might give companies operating in Africa a boost, but it was unlikely to stay at its current levels, said Gold Fields CEO, Nick Holland.
CRG to bolster balance sheet with share offer
Central Rand Gold said it would place about six million new shares at 10 British pence per share in order to raise £600,000 in order to bolster its balance sheet.
VMR shares higher as considers sale options
Village Main Reef said it had retained a broker to help it consider options related to its assets and the company itself.
London Mining seeking $400m for expansion
London Mining is hoping to raise $400m to expand its Marampa iron ore mine in Guinea to 8 million tonnes a year.
Copper could stunt Glencore fight-back
Further weakness in the copper price might stunt the ability of Glencore to mount a fightback after its shares fell to record lows this year.