Wescoal Holdings full-year earnings to be up to 320% improved
WESCOAL Holdings said it expected to report headline share earnings for its 2018 financial year of between 45.5 cents to 47.5 cents, representing an...
SA’s junior miners feel marginalised by regulations: SRK
PARTNERS at SRK Consulting, a consulting engineering firm, said junior miners were being marginalised by South Africa's Mining Charter as they were being treated...
Zimbabwe juniors outstrip majors in April gold output numbers
ZIMBABWEAN small-scale miners produced 2.2 metric tons of gold in May, while bigger companies had 1.2 tons in output of the precious metal, said...
Congo juniors claim cobalt price will offset new royalty regime
MINERAL development companies operating in the Democratic Republic of Congo (DRC) reckon the increase in the cobalt price will more than offset the impact...
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...