DRC suspends board of state-owned diamond firm Miba on governance concerns
THE board and management of Miba SA, the Democratic Republic of Congo's (DRC's) state-controlled diamond company, has been suspended, according to a report by...
DRA listing frustrated after Oppenheimer family wins court injunction in Australia
SOUTH Africa’s Oppenheimer family on Friday scotched plans for a buy-back of shares in its mining engineering investment, DRA Global - a development that...
Petra Diamonds to present bondholders with draft capital restructuring plan by...
PETRA Diamonds has committed to a draft plan detailing its capital restructuring plans by the end of June in terms of a condition applied...
SA banking on mineral export recovery, but it may take longer...
THE Minerals Council expected South African mineral exports to bounce back in May following a 60% decline from March to April.
"Exports were 60% lower...
Merafe to buy stake in Unicorn Chrome from Glencore as part...
MERAFE Resources is to buy a 20.5% stake in Unicorn Chrome from Glencore for R32.2m, a transaction the South African chrome producer described as...
Glencore chairman Tony Hayward defends group’s greenhouse gas emission targets
GLENCORE chairman, Tony Hayward, stood behind the Swiss mining and minerals trading group's greenhouse gas emission targets, telling shareholders in a call they were...
De Beers discussing temporary move of diamond sales from Botswana with...
DE Beers is in discussions with the Botswana government to move diamond sales from its capital, Gaborone, nearer to buyers in international centres in...
Shareholders give green light to Endeavour Mining merger with SEMAFO
SHAREHOLDERS voted "overwhelmingly" in favour of Endeavour Mining's proposed merger of SEMAFO, its Canadian counterpart establishing the combined entity's position as the largest single...
Sibanye-Stillwater takes surgical approach to closures as COVID-19 infections rise to...
THE Minerals Council South Africa warned a rise in positive cases of COVID-19 was inevitable on the country's mines and so it has come...
Gold Fields reports 70 positive cases of COVID-19 at Ghana mine,...
GOLD Fields reported 73 positive cases of the COVID-19 disease at its African assets, including a single case at South Deep, west of Johannesburg,...