Size of gold production still a critical factor in valuation, says...
FORMER Gold Fields CEO Nick Holland won plaudits for having invested in new gold production, especially at a time when the gold price was...
Guinea’s Doumbouya calls on mining sector to help alleviate country’s poverty
GUINEA'S Colonel Mamady Doumbouya, the head of an elite army unit that overthrew President Alpha Conde, has asked mining firms to help alleviate poverty,...
Rich nations seeking deal aimed at cutting Eskom’s coal consumption
OFFICIALS from the US, UK, France and Germany are hoping to meet with South Africa's power utility Eskom as early as next week in...
Harmony Gold and unions agree 7.8% total average wage increase in...
HARMONY Gold has agreed a total average increase of 7.8% falling to seven per cent in the final year of a new three-year wage...
Gemfields to return to profit after mines recover from Covid-19 lockdowns
GEMFIELDS will return to profit in the six months ended June following a harrowing 2020 in which auctions were all but wiped out by...
IDC confirms strategic partnership in Orion’s Okiep Copper Project
THE Industrial Development Corporation (IDC), the South African government-owned company, would become a strategic partner in the development of Okiep Copper Project (OCP), said...
Sibanye-Stillwater to invest $490m in Rhyolite JV in US taking its...
SIBANYE-Stillwater is to invest $490m for a 50% stake in a joint venture with Australian firm ioneer which is developing a lithium and boron...
Legal challenge over Pan Africa’s Mintails project “not a showstopper”, says...
A LEGAL dispute over the status of the Mintails gold retreatment project west of Johannesburg was "not a showstopper", said Cobus Loots, CEO of...
Guinea takes first steps to forming transitional government
GUINEA'S new military rulers took the first steps towards formation of a transitional government following the September 5 coup that ousted President Alpha Conde,...
Jubilee Metals to issue £30m in shares for Zambia copper/cobalt expansion...
JUBILEE Metals is to raise £30m in a share issue aimed at financing the consolidation and expansion of its Zambia copper and cobalt retreatment...