Angola to modernise diamond industry to drive new investment
ANGOLA aimed to attract new investment to its diamond industry by making policy changes, said Reuters which cited the comments of the country's president, João...
Harmony raises R1.05bn following 55 million share issue
HARMONY Gold said it had raised R1.05bn after issuing just over 55 million new shares - about 15% of the company's issued share capital.
The shares...
GoviEx raises C$6m following share placement
URANIUM development firm, GoviEx Uranium, said it had raised just over C$6m following a private placement of some 35.7 million units consisting of one...
Mining to help drive Tanzania economic growth 7.2% in 2018
TANZANIA expected its economy to grow by 7.2% this year representing a slight increase on the previous year's 7.1%, said Reuters citing the East...
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...