Loots rules out deals at current gold prices
IT'S been a transformative year for Pan African Resources, yet the company remains strongly inward focused for its future growth ambitions.
Over the past 12...
AngloGold declares record payout, unveils major gold prospect
ANGLOGOLD Ashanti smashed records on several fronts on Friday, announcing a $1.8bn total payout and unveiling details of a project study its CEO described...
Soaring gold saves Sibanye-Stillwater’s Kloof from closure
SIBANYE-Stillwater resumed the dividend as a strong rally in precious metal prices – especially gold – buoyed the group's underlying earnings.
Presenting its full year...
Anglo takes $2.6bn hit on De Beers as gem destock continues
ANGLO American battled during the year to end-December reporting a 66% drop in basic underlying earnings per share on all operations (continuing and discontinued)...
Northam expands credit facility to fund green energy
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting...
Congo state miner wins Glencore copper marketing rights
THE Democratic Republic of Congo's state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore's Kamoto Copper...
Kumba opens contract talks with Transnet amid uncertainty
KUMBA Iron Ore may need more capacity on Transnet's Sishen to Saldanha Bay railway, but where volume isn't in shortage is in complexity. Not,...
Gold Fields ‘guinea pig’ in Ghana royalty talks
GOLD Fields has dramatically increased its mineral reserves and resources estimates at its flagship Tarkwa mine in Ghana as part of talks with the...
Five miners missing after South Africa diamond mine mudslide
FIVE miners remained missing on Wednesday, more than 24 hours after a mudslide at Ekapa Mining's diamond mine in South Africa, said Reuters.
The Minerals...
Kumba upbeat on iron ore contract talks with China
KUMBA Iron Ore did not expect to be affected by a dispute between China's state-owned iron ore buyer and mining giants BHP and Rio...