Omnia’s BME lights fuse in booming Indonesia
INDONESIA has a habit of minting billionaires. The listing of PT Amman Mineral Internasional was one of the best IPOs globally last year. At...
ETFs in diamonds backed as a necessary step change
AFTER missed copper production guidance last year, the next most criticised aspect of Anglo American’s performance for the 12 months ended December was its...
Perseus Mining declares OreCorp cash bid final
PERSEUS Mining declared its cash offer for OreCorp of A$0.575 per share final and unconditional on Monday after accumulating a stake of 51.03% in...
Lucapa appoints ex-De Beers head as non-executive chairman
LUCAPA Diamond Co. said it had appointed ex-De Beers head Stuart Brown as its non-executive chairman. He replaces Mikes Kennedy in the role.
In addition...
Petra to restructure Finsch in effort to stem cash flow leakage
PETRA Diamonds has issued a restructuring notice to employees at its Finsch mine in South Africa as part of efforts to stem negative cash...
Time to let out the handbrake on platinum group metals?
The JSE’s four largest platinum miners cut nearly R30bn in planned capital and stay-in-business expenditure in February in a clear vote that the metal’s...
Harmony Gold signs historic 6% wage deal with all unions
HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from...
DRDGold to double contribution to Sibanye-Stillwater Ebitda
ACQUIRED by Sibanye-Stillwater with a view to building a strategic, long-term presence in the gold tailings industry, DRDGold now plays the arguably more important role...
Kore Potash announces new CEO
KORE Potash has appointed André Baya as its new CEO, a former executive at Fraser Alexander, the South African mining services company.
Baya also previously...
PGM cash burn to top $400m without more restructuring
DESPITE a promising ripple in the price of palladium, a much hoped-for recovery in platinum group metal (PGM) prices has so far not materialised....