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Exxaro to boost coal exports as circumvents struggling RBCT

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EXXARO Resources forecast a nine percent period-on-period improvement in coal exports after finding alternative routes for its sales. The Johannesburg-listed firm said in an update...

Lucapa Diamond Co. sells Mothae to local contractor

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LUCAPA Diamond Company is to sell its 70% stake in Mothae mine to Lephema Executive Transport, a local company that supplies services to the...

Laboratories overwhelmed by glut of copper projects – Smart

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AN increase in copper exploration had overwhelmed accredited laboratories responsible for assay reports, said Orion Minerals CEO and MD Errol Smart. Announcing assay results from...

Jubilee secures open pit mines in Zambia for Sable expansion

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JUBILEE Metals Group said on Monday it had secured low grade copper stockpiles which would support the planned expansion of its Roan concentrator in...

Copper 360 anticipates dividend despite missed targets

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IT'S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent...

Paladin makes C$1.1bn all-share bid for Fission Uranium Corp.

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PALADIN Energy today announced an all-share takeover of Toronto-listed Fission Uranium Corp. which values the Canadian firm at C$1.1bn. A special committee appointed by Fission...

South32 won’t pay a premium for Anglo’s manganese stake

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SOUTH32 will not pay a premium for control of manganese assets it shares in joint venture with Anglo American, the Australian firm's CEO Graham...

Harmony Gold to beat revised guidance after stellar year

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HARMONY Gold said today it expected to exceed 1.55 million ounces in gold output for the 12 months ended June 30, beating guidance it...

B2Gold to run economic review of Otjikoto’s Antelope extension

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CANADIAN gold miner said it had discovered gold about three kilometres from its Otjikoto mine in Namibia that it could dig in 2026. An estimated...

Congo-Angola rail gets boost as investors order 275 wagons

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COMMODITIES trader Trafigura is among a group of investors which has ordered 275 container wagons as part of a $500m rail investment linking mines...