Zijin ditches Allied Gold takeover for $295m stake instead

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CHINA'S Zijin Gold International has abandoned its proposed takeover of Allied Gold, opting instead to take a $295m stake in the Canadian miner. A combination...

Valterra Platinum to pay R15.1bn bumper interim dividend

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VALTERRA Platinum followed up a special dividend at its year-end results in February with another handsome payout saying on Wednesday it would dish out...

MARKETS

Congo pushes ahead with local ownership deadline

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DEMOCRATIC Republic of Congo will begin enforcing a long-delayed rule requiring miners to hand over local ownership stakes from 31 July, Reuters quoted the...

Ghana jails opposition figure over illegal mining

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GHANA has sentenced a senior opposition politician to 20 years in prison over charges tied to illegal mining, said Bloomberg News citing a report...

OPINION