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AngloGold explores other avenues for returns after stellar Q1

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ANGLOGOLD Ashanti would consider additional shareholder returns if the gold price remained at current levels for the remainder of the financial year. This was after...

Mantengu claims share price manipulation targeted PGM deal

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MANTENGU Mining, a R171m chrome miner, today published incendiary allegations its share price had been manipulated and that the Johannesburg Stock Exchange (JSE) had...

Sibanye-Stillwater registers promising lift as Q1 Ebitda surges

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A SURGING gold price and restructuring efforts in its platinum group metal (PGM) mines powered Sibanye-Stillwater to a much improved first quarter. The precious metals...

De Beers to close lab grown business

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DE BEERS is closing its lab-grown business after saying earlier it had stopped selling the stones as jewellery. Citing the diamond company's CEO Al Cook,...

Bristow bats back retirement talk after market put on alert

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AMONG the most common of questions fielded by Barrick Mining CEO Mark Bristow is the one about M&A, or the other about his retirement....

Mantengu cries foul on possible share price manipulation

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MANTENGU Mining, a small cap chrome miner, warned shareholders its share may have been the victim of manipulation. In an announcement to the JSE it...

Gold miners have bridged the discount to bullion, for now

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GOLD shares have lagged the metal’s price for the past decade, especially since Covid, but recent performances have shown equities have caught up. The $1.6bn...

Gemfields to restart Kagem mining as emeralds recover

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GEMFIELDS said on Thursday it will restart open pit mining at its Kagem emerald mine in Zambia after pausing production for four months amid...

Peabody suspends financing of $3.8bn Anglo coal purchase

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US coal producer Peabody Energy said financing of its proposed $3.8bn purchase of metallurgical coal assets from Anglo American was on hold until there...

China lifts gold reserves for sixth straight month

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CHINA expanded its gold reserves for a sixth straight month in April which increased by about 70,000 ounces, said Bloomberg News citing data on...