Anglo American extends SA five-year investment commitment to R100bn
ANGLO American expected to exceed its five-year investment target in South Africa in which it would spend some R100bn by 2022 - R15bn more...
Vedanta Zinc International suspends production at Gamsberg after miners trapped
VEDANTA Zinc International, a unit of Vedanta Ltd, has suspended all mining-related activities at its Gamsberg zinc mine in South Africa after a geotechnical...
UK mining firms ought to create permanent board positions for ESG...
HEADHUNTING firm Swann Global has recommended that UK-registered mining companies improve board representation of experts in the fields of environment, sustainability and governance (ESG),...
De Beers heading for second half sales of $1.8bn as diamond...
DE BEERS was forecast to report full year sales of about $1.8bn in the second half of its 2020 financial year after the diamond...
Mined platinum supply reduced by a fifth in 2020 owing to...
THE platinum market is heading for another supply deficit in 2021, albeit narrower than the 1.2 million ounce deficit expected in 2020, said marketer...
Petra Diamonds seals lock-up agreement, shareholders to vote on January 11
PETRA Diamonds said it had concluded an agreement with bondholders that paved the way for the conversion of up to $650m in debt to...
Covid-19 interruptions, poor coal pricing forces Wescoal into group-wide retrenchments
WESCOALÂ said today it would embark on a retrenchment programme involving staff throughout the organisation following lower off-take from Eskom amid Covid-19 lockdowns earlier this...
Gertler says he paid $83m for royalties from Metalkol copper project...
DAN Gertler was behind the $83m purchase of royalties in Metalkol copper and cobalt project in Democratic Republic of Congo from state-owned mining company...
Zambia confident it can finance purchase of shares in Mopani Copper
ZAMBIA'S permanent secretary in the Ministry of Mines expected the country would finance the purchase of a larger stake in Mopani Copper Mines from...
Petra on knife edge as Covid-19 second wave threatens diamond price...
PETRA Diamonds reported a taxed loss of $223m, including $91.9m in impairments, for the 12 months ended June, and warned the market its viability...