Perseus plays it cautiously despite solid March Q, drawing down $100m
PERSEUS Mining generated strong cash in the third (March) quarter of its financial year, but it took the precaution of drawing down on available...
SA mining unlikely to reach 50% production by May, says Minerals...
SOUTH Africa's underground mines would be unable to reach 50% of production as set down in government guidelines by May, said the Minerals Council...
Gemfields’ bold re-invention put on hold as subsistence replaces indulgence
IT’S not often retail investors speak out at the presentations of companies in which they’re shareholders. But that’s what happened earlier this month to...
SA mining toils in post lock-down restart, but for gold miners...
THE South African government's is logical on paper: get the mining sector operating again and a substantial part of the secondary and tertiary sectors...
Alphamin to issue $35m in shares in bid to cut debt...
ALPHAMIN is to issue $35m in new shares in an effort to reduce debt by about a third and lower interest rate payments after...
Nambeb increases first quarter diamond production 5.8% before lockdown applied
FIRST quarter diamond production by Namdeb, a joint venture between the Namibian government and De Beers, increased 5.8% year-on-year, said Reuters.
Citing a statement by...
Impact of COVID-19 may ring in changes for diamond industry back...
IN a world boiled down to 'essentials', it’s easy to see why the anguished cries of celebrities "trapped" in their multi-million dollar holiday homes...
Risk off gold firms to prosper in post-COVID-19 world, says Resolute’s...
THE extra thinking time that might be earned at home during the global lockdown might sharpen opinions on the risks inherent in single asset...
MC Mining lifts March Q Uitkomst coal production 12%, hopes to...
MC MINING produced 12% more coal from its Uitkomst colliery in KwaZulu-Natal province in the March quarter, the company said in an update today.
Production...
Merafe Resources first quarter ferrochrome production ticks down 3.6%
FIRST quarter ferrochrome production declined 3.6% year-on-year, said Merafe Resources, which also confirmed operations had been placed on care and maintenance on March 24...