Selling De Beers is high jeopardy for Anglo boss, analysts say
BOTSWANA may seek to increase its stake in De Beers as part of the diamond company's sale by majority shareholder Anglo American.
Reuters cited a...
SSC Group buys controlling stake in Lesedi Drilling
PRIVATELY-held mining engineering company SSC Group has bought a controlling interest in Lesedi Drilling & Mining Contracting Company and its subsidiaries, the company announced...
Sibanye-Stillwater eases pressure with new debt covenants
SIBANYE-Stillwater has won some breathing space for its under pressure balance sheet after agreeing with lenders to raise thresholds over R6.5bn in company debt.
The...
RBM declares “all systems go” on Zulti South expansion
RICHARDS Bay Minerals (RBM) declared 'all systems go' for its Zulti South mineral sands project after restoring community stability at the KwaZulu-Natal province operation.
The...
Glencore in talks to exit Kazzinc operations
GLENCORE was considering selling its stake in Kazzinc as CEO Gary Nagle continues the group's strategy of portfolio simplification, said Bloomberg News.
Glencore is also...
Gemfields registers early resource for Mozambique gold prospect
GEMFIELDS described drilling results from its Nairoto Gold Project in Mozambique as "exciting initial and early stage news" after defining an inferred mineral resource...
Sibanye-Stillwater PGM miners end illegal sit-in
AN illegal sit-in at the platinum group metal (PGM) operations of Sibanye-Stillwater had ended, the group said on Wednesday evening.
All employees exited the Kwezi...
Miners cashing in on traders desperate for copper
MINING companies are cashing in on demand for copper by demanding huge upfront payments for the metal or extra-long supply contracts, said Bloomberg News.
Eurasian...
Amplats will “critically evaluate” projects after demerger
ANGLO American Platinum (Amplats) will "critically evalute" projects that might have been previously overlooked once it had been demerged from parent group Anglo American.
Anglo...
Caledonia may tap equity markets for $403m Bilboes project
CALEDONIA Mining, the Zimbabwean gold miner, could equity finance up to $100m of its $403m Bilboes project which is forecast to produce 1.5 million...