Base draws on $75m RCF in prudent step as Kwale interruption...
BASE Resources became the latest mining company to draw down on debt in an effort to secure its balance sheet amid COVID-19 uncertainty.
The Australian-listed...
Glencore defers 2020 dividend, extends credit facility as COVID-19 production risks...
FINANCIAL risks posed by the COVID-19 pandemic has prompted Glencore to postpone its 20 US cents per share cash distribution - equal to $2.6bn...
Namibia puts mining sector into three week lockdown as steps up...
NAMIBIA closed down its mining sector for three weeks as the country stepped up efforts to curb the spread of COVID-19, said Reuters.
COVID-19 Infections...
Downgrade a reminder of urgent reforms waiting on the other side...
SOUTH Africa had been given a daunting reminder of the challenges on the other side of the COVID-19 pandemic following the downgrade by Moody's...
Anglo cuts iron ore, coal guidance from SA but mines still...
ANGLO American forecast COVID-19 induced production hits at its South African operations, and said work on its Quellaveco copper project in Peru would be...
SA mining faces 15% production knock in 2020 as it prepares...
SOUTH Africa's mining sector could suffer direct production losses of 8% of annual output as a result of the 21-day lockdown due to start...
Master Drilling passes the dividend, cuts maintenance spend as gears up...
MASTER Drilling, a Johannesburg-listed mining technology company, passed the dividend and slashed maintenance capital for its current financial year so it could weather uncertain...
SA mining to shut for 3 weeks after Ramaphosa unveils lockdown...
SOUTH Africa's mining sector will go into a three week hibernation from March 26 in terms of President Cyril Ramaphosa's dramatic lock-down announcement this...
World’s mining companies start to shut production as COVID-19 extends reach
SUPPLIES of minerals and metals to world markets may decline after a number of large mining companies temporarily stopped work at mines in the...
Case for more women in SA mining to be put before...
ADMITTEDLY there are some things women can’t do as well as their male counterparts in the mining industry, such as handling heavy machinery, for...