Base Resources reins in net debt $27.6m to $33.2m
AUSTRALIAN-listed Base Resources, which mines heavy minerals from Kenya, said production of ilmenite would be slightly lower in the 2019 financial with guidance set...
Karo Platinum officially kicks off Zimbabwe PGM project
KARO Platinum formally kicked off a platinum development in Zimbabwe in joint venture with the country's government that could see the production of 1.4...
Miners break losing streak after orders climb on LME
SHARES in mining heavyweights Glencore, BHP Billiton and Rio Tinto were pushed higher today taking the Stoxx 600 basic resources index rose as much as...
Computer glitch interrupts copper deliveries from DRC
A COMPUTER glitch interrupted copper and cobalt deliveries from the Democratic Republic of Congo by up to nine days, said Reuters citing an official.
Eric...
AngloGold demerger not off the table as SA gold nears sunset
ANGLOGOLD Ashanti may yet revisit a corporate plan to demerge its South African assets, said Bloomberg News citing a comment by the gold firm's...
Petra’s Dippenaar lauds “solid progression” as firm lowers net debt
PETRA Diamonds forecast production of between 3.8 million to four million carats (cts) in its 2019 financial year excluding its Kimberley Ekapa Mining Joint...
Firestone Diamonds hopeful of higher incidence of high value stones
FIRESTONE Diamonds, a London-listed company, produced 835,832 carats (cts) for its 2018 financial year, within guidance for the period, but said the incidence of...
Harmony exceeds output guidance for 2018 helped by Moab
HARMONY Gold said it had exceeded its annual production target by 4% - the third successive year it had met or beaten its expectations...
Zimbabwe jails first ex-minister from Mugabe administration
ZIMBABWE has jailed its first ex-minister after finding Samuel Undenge, who was energy minister in the administration of ousted former president, Robert Mugabe, guilty...
Kibo says Tanzania “ready to consider” Mbeya mining licence
THE government of Tanzania was “ready to consider” an application for a Special Mining Licence (SML) from Kibo Mining, a London- and Johannesburg-listed coal...