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Kinross hit by Tasiast shock after Mauritania calls for discussions

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KINROSS is the latest company to be handed a setback by an African country seeking greater economic participation after Mauritania rejected a permit application...

Implats shares given ‘buy’ rating as balance sheet risks priced

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SHARES in Impala Platinum were rated a buy by Goldman Sachs today which said the risks inherent in the company had been priced in...

Solidarity kicks off gold wage talks with 10% increase demand

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SOLIDARITY, a South African trade union, has opened gold industry wage negotiations with a demand for a 10% increase annually over the next three...

SA mineral production slides in March, but coal sales higher

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SOUTH African mineral production fell 8.4% in March year-on-year in a blow to the country's economy with the gold and diamond sectors registering the...

Asanko returns to profitability after improved production quarter

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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

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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

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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

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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

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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

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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...