Asanko returns to profitability after improved production quarter
ASANKO Gold, the Ghana-based company in which Gold Fields has acquired a 9.9% stake, produced net income of $2.2m in the first quarter of...
B2Gold targets $259m note repayment after strong Q1
B2GOLD, the Toronto-listed gold producer, said it anticipated repaying $259m in convertible notes in the current financial, assuming a gold price of $1,300 per...
Burgh Group wins ‘temporary contract’ to operate Optimum
THE former Tegeta Resources & Exploration-owned Optimum and Koornfontein mines have been thrown a lifeline, according to a report by TimesLive which said entrepreneur...
SA committee calls for harsh consequences for firms that fail safety
SOUTH Africa's Select Committee on Land and Mineral Resources said companies such as Sibanye-Stillwater ought to face harsh consequences if it was found it...
Parliamentarian pledges Mugabe will face diamond graft inquiry
FORMER Zimbabwe president Robert Mugabe would not be required to attend the country's parliament on May 9 to answer questions about $15bn worth of...
Sibanye-Stillwater objects to ‘sensationalist’ comments about rockburst
SIBANYE-Stillwater hit back at claims that the company had sent seven miners killed following a fall of ground to their deaths saying that although...
Mining communities don’t trust firms, think the DMR is corrupt
STRUCTURED and regular engagements between mining companies, the Department of Mineral Resources (DMR) and mining communities will be an important aspect of the new...
Tharisa guides to headline earnings 31% lower as prices fall
THARISA, a chrome and platinum group metal (PGM) producer, expected to report a 31.25% decline in interim headline share earnings of 11 US cents...
Sibanye-Stillwater latest firm to fire KPMG South Africa
SIBANYE-Stillwater is the latest company to dispense with the services of KPMG following its its corporate governance abuses and mismanagement of the VSB Bank...
Allianz piles pressure on coal after withdrawing from sector
PRESSURE on the world's coal industry intensified after the German insurance giant, Allianz, said it would no longer provide standalone insurance coverage for power...