Zambia gives Glencore a week to defend mining licence as Mopani...
THE Zambian government has upped the ante with Glencore saying the Swiss mining and commodities marketing firm has seven days to say why it...
Harmony Gold “committed” to $300m Mponeng deal with AngloGold despite lockdown...
HARMONY Gold said it was committed to completing the $300m acquisition of Mponeng and Mine Waste Solutions from AngloGold Ashanti.
The transaction consists of $200m...
Pan African defers R148m gold loan repayment to RMB amid lockdown...
PAN African Resources has agreed to defer the settlement of a loan with Rand Merchant Bank (RMB) in terms of which $7.8m (R148m) worth...
Johannesburg gold shares surge as rand gold price eases through historic...
SHARES in Johannesburg's gold stocks surged on Tuesday as the rand gold price breached R1m per kilogram for the first time in history.
But the...
Gold reclaims safe haven status as COVID-19 leads to “massive currency...
GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...
Glencore seeking “way forward” with Zambia over suspension of Mopani Copper...
GLENCORE was in discussions with the Zambian government regarding plans to place the firm's Mopani Copper Mines on care and maintenance.
"Following Mopani’s recent announcement...
Lucapa sells diamonds for $2m in upfront revenue deal with ‘high-end...
LUCAPA Diamond Company has sold diamonds from its Mothae mine in Lesotho directly to a 'high-end diamantaire' realising $2m in upfront revenue.
The company sold...
Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start...
SIBANYE-Stillwater is the first of South Africa's mining companies to follow in the steps of the country's president, Cyril Ramaphosa, by donating a third...
Ramaphosa calls on SA executives to follow in presidential steps with...
SOUTH African president, Cyril Ramaphosa, has called on executives from the country's largest companies to follow in his footsteps by taking a one third...
Petra shutters Tanzania mine Williamson, draws down R500m for working capital...
PETRA Diamonds has put its Williamson mine in Tanzania on care and maintenance citing an "... unprecedented depressed market environment".
The UK-listed firm, which has...