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...
Goldplat’s Kisbey-Green says performance not reflective of “hard work”
UK-listed gold retreatment and gold production company, Goldplat, said it was seeking an investment partner for its Kilimapesa operation in Kenya following a disappointing...
Kibo share placement at premium shows investment case is building
KIBO Mining said it would raise £500,000 in a share placement with the proceeds allocated mainly to the development of its Mabesekwa and Benga...
SA economy to grow in Q2 but unlikely to improve employment...
THE South African Reserve Bank (SARB) did not expect the economy to shrink in the second quarter as it did in the first, said...
Tanzania to launch minerals exchange in effort to extract value
IN an effort to extract more value from its natural resources, East Africa's Tanzania is to establish a minerals exchange, said Bloomberg News.
Citing the...
Letšeng yields another of its reasures as GEM unveils 100.5 carat...
THE Letšeng diamond mine in Lesotho yielded up another of its rare treasures, according to its owner, GEM Diamonds, following recovery of a 100.5 carat...
Lubbe quits Eastplats after installing chrome re-treatment plan
ANTON Lubbe, vice-president of Eastern Platinum's (Eastplats') South African operations, has resigned effective August 31.
His resignation represents a blow for Eastplats given he helped install...