Galiano Gold says Ghana mine costs to be “elevated” in 2025
GALIANO Gold has forecast gold production of between 130,000 to 150,000 ounces for the 2025 financial year increasing to 200,000 oz annually within two...
Anglo marks progress after closing $1bn Aussie coal deal
ANGLO American said on Wednesday it had completed the sale of its 33.3% stake in Jellinbah Group which controls the Jellinbah East and Lake...
Zambia’s debt cover fears may be behind gemstones tax hike
GRIZZLY by name, grisly by nature. Senegalese-owned family business Grizzly Mining flooded the Zambian emerald market to such an extent last year that it...
Ghana’s proposed Gold Board will target small scale mining
GHANA this week unveiled plans for a Gold Board that will be tasked with boosting returns from the sector by streamlining metal purchases from...
Mining’s big guns will return to “oven-ready” Anglo
ANGLO American is tipped to be among the most likely takeover target of European mining stocks, according to a report by Bloomberg News on...
Barrick to open fresh negotiations with Mali over unpaid tax
BARRICK Gold will open a new round of negotiations with Mali's military junta on Tuesday in an effort to resolve a dispute over the...
Sibanye-Stillwater M&A chief quits as firm targets austerity
THE person hired by Sibanye-Stillwater four years ago to drive its merger and acquisition strategy has resigned from the company.
The miner announced on Monday...
Anglo shares plummet as ‘bid premium’ disappears
SHARES in Anglo American fell more than six percent on Monday morning in Johannesburg following a report BHP had backed off from making a...
Glencore could end share torpor with improved dividends
A DECISION in August by Glencore management to retain the group's coal assets raises the possibility of much-improved cash dividends and cash generation, analysts say.
That's...
Implats signs deal to supply IRS with renewable power
IMPALA Platinum (Implats) said on Monday it had signed a power purchase agreement with a renewable energy aggregator that will supply 90% of energy...