NUM describes gold producer wage concessions as “an act of war”
THE National Union of Mineworkers (NUM) said it viewed the rejection of its adjusted wage and benefits demands in gold sector negotiations as "an...
Centamin sticks to guidance as interims lifted by higher price received
EGYPTIAN gold mining firm, Centamin, paid an interim dividend of 2.5 cents per share as set down in its dividend policy, and said that...
MCM buys contractor business in Uitkomst for R65m to lift performance
MC Mining (MCM), a Johannesburg-listed coal producer and development firm, said it had bought the mining equipment of its contractor for R65m in order...
Asanko Gold on course for 2018 output guidance of 210,000 oz
ASANKO Gold, a Toronto-listed gold producer operating in Ghana, reported half year production of some 101,731 ounces, exceeding the upper end of its guidance...
Anglo closes Eskom mine divestment in R850m New Largo deal
ANGLO American said today it had completed a strategy to exit Eskom-related thermal coal supply following the R850m sale of its New Largo project...
First Quantum provides ZRA with all documents in $8bn tax claim
FIRST Quantum Minerals said it had provided all necessary documents to the Zambia Revenue Authority (ZRA) following an $8bn tax assessment in March based...
Asanko Gold “emerges debt-free” after closing Gold Fields deal
ASANKO Gold said it was debt free after concluding a joint venture agreement with Gold Fields in which it will be paid $165m in...
De Beers sixth sight sales fall to $530m on seasonal weakness
ANGLO American said the sixth sight of the year resulted in diamond sales of $530m compared to $576m achieved in sales in the corresponding...
Motsepe urges Government to adopt tax breaks of yesteryear
PATRICE Motsepe, executive chairman of African Rainbow Minerals, has advised the South African government to offer more tax breaks in its bid to make...
Gold Fields’ Holland detects “green shoots” at South Deep
GOLD Fields CEO, Nick Holland, said there were some "green shoots" at the firm's long-beleaguered South African mine, South Deep, but added that the...