Kumba CFO to step down in December
KUMBA Iron Ore said its CFO of eight years Bothwell Mazarura is to step down from end-December after serving a six month notice period.
He...
Kenmare takeover talks end after consortium lowered offer
TAKEOVER discussions between Kenmare Resources and a consortium that included its former managing director ended in failure, the parties said on Thursday.
"Following a comprehensive...
Mkhwanazi to leave Anglo as group streamlines executive
ANGLO American said its regional director for Australia and Africa, Themba Mkhwanazi would leave the company following the disposal of group assets in the...
Asante Gold unveils $470m balance sheet refresh
GHANA miner Asante Gold said on Wednesday it had concluded terms for a recapitalisation of its balance sheet in which it will raise $470m.
The...
Algeria opens mining to foreign investment
ALGERIA'S parliament approved legislation allowing foreign companies to own up to 80% of mining projects, marking a significant policy shift for the OPEC nation...
Mali starts work on Russia-backed gold refinery
MALI began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to...
Central banks plan record gold purchases amid dollar concerns
CENTRAL banks expect to maintain record-breaking gold purchasing patterns this year whilst anticipating a decline in US dollar holdings over the next five years,...
Afrimat CEO says firm “caught napping” on Nkomati mine
AFRIMAT'S management was "caught napping" in addressing multiple challenges at its Nkomati Anthracite Mine, CEO Andries van Heerden acknowledged in the company's annual report,...
SA’s Mantashe: stuck in an endless BEE loop
THERE'S a long-standing view around town that the South African Government gaslights its mining industry with horror legislative proposals as a negotiating technique.
There may...
Mali court places Barrick gold complex under administration
BARRICK Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a...