Zambia to migrate power tariffs to reflect cost of production
ZAMBIA is to move away from a flat tariff for its electricity pricing in favour of a rate that reflects the cost of power...
Russia begins first bauxite exports from Dian-Dian mine in Guinea
RUSSIAN aluminium producer, Rusal, has completed the first stage of development of its $220m Dian-Dian bauxite deposit in Guinea - the world's largest -...
Lucara registers $32.5m in exceptional diamonds tender
LUCARA Diamond Corporation, the Toronto-listed firm operating the Karowe mine in Botswana, said it sold $32.48m worth of stones at its twelfth exceptional stone...
Tharisa cash flows remain strong as pays $5.2m interim dividend
PLATINUM Group Metal (PGM) and chrome producer, Tharisa, paid a two US cents per share interim dividend today, equal to an outlay of $5.2m...
Bauba Platinum acquisition back on after pre-emptives not exercised
JOHANNESBURG-listed Bauba Platinum said negotiations regarding an unspecified acquisition had resumed after pre-emptive rights held by another party over the target were not exercised.
"Shareholders...
Harmony Gold repays further $100m on Moab deal bridge loan
HARMONY Gold said it had repaid a further $100m of the original $200m bridge loan raised for its purchase of Moab Khotsong from AngloGold...
Anglo granted copper exploration permits near Brazil’s Amazon
ANGLO American has won hundreds of permits this month to explore for copper situated on the edge of the Brazilian Amazon in a mineral-bearing...
Alphamin CEO, Boris Kamstra, participates in firm’s C$19.2m share offering
TIN development company, Alphamin Resources Corporation, said it had raised C$19.2m following the issue of 76.8 million shares in a previously disclosed transaction.
Shares were...
Interdict holding back MC Mining Makhado project ‘discharged’
AN interim interdict against an environmental authorisation for Makhado, an $80m metallurgical and thermal coal project in South Africa's Limpopo province, has been "discharged"...
Minerals Council, Govt set down water-saving guidelines for SA mines
SOUTH African mining companies will begin to develop water-saving plans following completion of guidelines produced in a joint effort between the country's Minerals Council,...