Lucapa secures R100m from IDC for Mothae diamond project in Lesotho
LUCAPA Diamond Company said it had secured a R100m debt facility from South Africa's government-owned Industrial Development Corporation (IDC). The loan will be used...
PTM firms up mineral resource estimate for palladium-rich Waterberg JV
PLATINUM Group Metals (PTM) said it had increased confidence in the mineral resource estimate for its Waterberg Joint Venture, a palladium/platinum prospect in South...
B2Gold increases Fekola’s indicated gold resource, studies expansion of mill
B2GOLDÂ extended its indicated mineral resource estimate for its Fekola mine in south-western Mali to some 5.7 million ounces of gold following exploration of the...
Northam CFO, Ayanda Khumalo, to step down in November, replacement named
NORTHAM Platinum CFO, Ayanda Khumalo, has resigned from the company effective November 15 and will be replaced by Aletta Coetzee, a former member of...
US Dept. of Justice inquiry wants papers on intermediary companies Glencore...
AN investigation into Glencore's activities by the US Department of Justice wants more information on intermediary companies the Swiss-based mining and marketing firm worked...
Ivan Glasenberg weighing retirement from Glencore in “three to five years”
IVAN Glasenberg intends to retire from Glencore in three to five years, said Bloomberg News which cited people familiar with internal discussions in the...
Lucara to begin third party diamond sales with launch of blockchain...
TORONTO-listed Lucara Diamond Corporation is to sell its first diamonds through propertary cloud and blockchain technology in November with a number of manufacturers and...
Lucapa to commission plant at Mothae, first commercial diamonds due in...
SYDNEY-listed diamond producer and development firm, Lucapa Diamond Company, has commissioned a 1.1 million tonne/year treatment plant at Mothae, a mine in Lesotho, the...
South African power utility, Eskom, applies for 15% hike in electricity...
ESKOM, the South African state-owned power utility, has asked the National Energy Regulator of SA (Nersa) for a 15% tariff increase for the next...
Transnet fires CEO, Siyabonga Gama who will be paid for six...
SOUTH African transport and logistics company, Transnet, has fired its embattled CEO Siyabonga Gama and will pay him out for six months, said BusinessLive....