Botswana Diamonds hoping for Maibwe prospectus mid-2018
BOTSWANA Diamonds said it hoped a prospectus to encourage investors to consider investment in its Maibwe joint venture would be completed by mid-2018 following...
Glencore $1.7bn deal for Hail Creek, Valeria “not exorbitant”
GLENCORE'S acquisition of Rio Tinto's Australian mines Hail Creek and the Valeria coal project for $1.7bn was hailed by Bernstein analyst, Paul Gait, who...
Largest solar thermal hybrid plant opens at Iamgold’s Essakane
TOTAL Eren, a renewable energy company, opened the world’s largest solar-thermal hybrid plant in Burkina Faso - the first of what it hopes will...
Zimbabwe amends law limiting state control to platinum, diamonds
ZIMBABWE has changed its empowerment law limiting a demand for state control to diamond and platinum companies only while the rest of the mining...
Hummingbird signs off on positive report for Yanfolila mine
HUMMINGBIRD Resources said the ramp up of its Yanfolia gold mine in Mali was progressing well with total gold recovered to March 14 at...
Samara increases private placement raising C$4m for gold exploration
SARAMA Resources, the Canadian gold exploration company, said it had raised C$4m in a private placement with the proceeds to be used to accelerate...
Sibanye-Stillwater files Lonmin deal with Competition Commission
SIBANYE-Stillwater has filed its application for the merger of its platinum group metal (PGM) operations with Lonmin, with South Africa's Competition Commission adding that...
Optimum business rescue efforts thrown into confusion
EFFORTS to find new owners for Optimum Coal Mine and other mining properties formerly run by Tegeta Resources, a company owned by the Gupta family,...
Zimbabwe expects to clear debt with foreign banks
ZIMBABWE expects to make up for all its debt arrears to major international lenders by September and could return to international capital markets thereafter,...
Resgen says no urgency in securing $68.5m for rail link
RESOURCE Generation (Resgen), the Sydney- and Johannesburg-listed coal development firm, said there was no urgency to fund $68.4m in rail link development costs as well...