Jubilee lifts share lock-up to allow partner to settle with creditors
JUBILEE Minerals has agreed that its joint venture partner in the Kabwe zinc and vanadium project in Zambia can use shares it owns in...
Paulson & Co to establish group to improve gold company returns
PAULSON & Co, a US hedge fund which is led by gold bull, John Paulson, is to establish a group of investors that will...
Sibanye-Stillwater declares safety summit with DMR, unions a success
SIBANYE-Stillwater said it had concluded a successful safety summit with the South African government and unions in which the parties last week set aside...
Tharisa considering joining Karos in $4.2bn Zim PGM project
THARISA, a UK-listed chrome and platinum group metal (PGM) company, is considering joining Karo Resources in a proposed $4.2bn PGM mine in Zimbabwe. Karo...
Zimbabwe adopts amendments ending mandatory listings
PLANS by Zimbabwe to force mining companies to list have been formally abandoned in an effort to attract fresh investment in the sector, said...
Shiva Uranium BRPs throw in the towel amid IDC pressure
THE Business Rescue Practitioners (BRPs) for Shiva Uranium, an operation formerly owned by the Gupta family's Oakbay Resources, has resigned amid litigation by one of...
Ghana joins ranks of African nations seeking contract compliance
GHANA is the latest mineral-rich African nation seeking to extract more revenue from mining activities taking place in its borders after its deputy finance minister...
Botswana diamond mine sold for $8.1m in online auction
BOTSWANA diamond mine, Lerala, sold for $8.1m in an online auction after liquidators failed to secure viable offers through conventional bids, said Bloomberg News.
Lerala,...
Hadebe appointment showing early benefits for Eskom
THE appointment of Phakamani Hadebe as interim and then permanent CEO of Eskom, and the appointment of a new board, has already paid dividends...
Gold Fields to step back from deal-making as finances tighten
GOLD Fields would not pursue additional acquisitions this year and would seek a partner to help it finance its Salares Norte project in Peru,...