GoviEx “essentially debt free” after repaying Toshiba $4.5m bond
GOVIEX would be "essentially" debt free following payment of a $4.5m bond with Toshiba - a sum that will be partially assisted by shareholder,...
Market for juniors “extremely difficult”, says Stellar’s Smithson
UK-listed diamond junior, Stellar Diamonds, said the market for fund-raising had proved "extremely difficult" partly owing to the size of the company which is...
Lucapa takes sales of Angolan diamonds to $10.8m in 2018
AUSTRALIAN-listed Lucapa Diamond Company sold 2,072 carats of diamonds from its Lulo mine in Angola which it shares with the state-owned diamond company, Endiama,...
AngloGold concludes mine sales for gross proceeds of R3.57bn
TRANSACTIONS to sell AngloGold Ashanti's Moab Khotsong and Kopanang mines for a combined gross amount of R3.57bn were closed on February 28, the gold...
Exxaro to report up to 42% lift in core headline share...
EXXARO Resources, the South African coal producer, said it expected headline share earnings for its 2017 financial year to come in at between 24...
Ivory Coast president Ouattara replaces mines minister
WEST African country, Ivory Coast, replaced its industry and mines minister, Jean-Claude Brou with trade minister, Souleymane Diarrassouba, who will run the ministry on an...
Eskom CEO, Sean Maritz, follows Matshela Koko out of the door
ANOTHER senior head has rolled at Eskom, the South African power utility, in the resignation of Sean Maritz - a development that sees the...
Congo hits back at Botswana, saying elections are “irreversible”
THE Democratic Republic of Congo has hit back at Botswana after the southern African country criticised the Congo for the "worsening humanitarian situation" which...
Impossible for Gupta-owned Optimum Coal to do business
IT was impossible for the Gupta family-owned mining companies to do business following the withdrawal of its sole, remaining lender from South Africa -...
Ghana to keep tighter rein on value of gold exports
GHANA said it would begin assaying gold exports in order to ensure it was receiving its fair share of the minerals mined from the...