Madagascan president’s ex-aide convicted of offering mining licence for bribes
MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...
Transnet to name new executive appointments by month-end
TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
Glencore skips top-up dividend as focus falls on coal demerger
GLENCORE will skip the 'top up' dividend this year telling shareholders its focus was on concluding the previously announced $6.93bn cash takeover of Elk...
Perseus signs gold project cooperation deal with Saudi Arabia
PERSEUS Mining has entered into a cooperation agreement with Saudi Arabia to seek out late stage projects in Africa and exploration ventures.
The agreement is...
Copper 360 says anomaly near former mine could be major discovery
COPPER 360 said drilling near Tweefontein, a now closed copper mine in the Northern Cape, delivered encouraging results with grades ranging between 2.12% and...
Gecamines seeking to shake up Congo’s joint venture agreements
THE Democratic Republic of Congo (DRC) is seeking to get more copper production from joint ventures it's involved in as well as secure offtake...
Petra cuts output target amid sluggish diamond price recovery
PETRA Diamonds remained stuck firmly in the red for the six months to end-December and the outlook for the full year to end-June is...
Kumba to cut up to 490 jobs in line with reduced...
KUMBA Iron Ore said on Tuesday about 490 jobs were under threat in terms of a restructuring of the business in which cost savings...
Copper 360 issues R100m in shares to fund Nama Copper deal
SHARES in Copper 360 rebounded 18% in Johannesburg on Monday after the mineral development company announced it had raised an additional R100m through the...