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,...
Mantashe set to complete community Charter meetings May 31
SOUTH African mines minister, Gwede Mantashe, is tomorrow (May 31) scheduled to complete a country-wide community consultation programme regarding current negotiations for a new...
NUM rails against cancellation of JIC Mining at Optimum Coal
THE business rescue practitioners (BRP) appointed to stabilise Optimum Coal Mine and other coal mines under contract to supply Eskom, South Africa's power utility...
Waterberg JV on course for Q3 updated resource and report
WORK on a definitive feasibility study for the Waterberg Joint Venture involving Impala Platinum (Implats) and Japan Oil, Gas and Metals National Corporation was progressing...
Euronext terminates DRDGold CSD trade after harmonisation
DRDGOLD said the listing of its shares on the Euronext market in Paris would be terminated after the European Central Banks Regulation decided to...
RBS joins ranks of lenders cutting back thermal coal exposure
ROYAL Bank of Scotland joined the growing ranks of lenders and investment companies that won't directly finance thermal coal plants or mining companies that...
Resolute establishes beachhead in Sudan following $22.5m Orca deal
AUSTRALIAN gold producer, Resolute Mining, has thrown its weight behind Sudan following its $22.5m all-share investment in Orca Gold, a company that has a...