Glencore adjusts 2018 coal guidance, will ramp up copper
MINING and commodities marketing company, Glencore, reiterated previous production guidance for 2018 with the exception of coal which was lowered five million tonnes (Mt),...
DRDGold stages first half rebound despite lower rand gold price
DRDGOLD, a gold retreatment company, staged a strong recovery in the first six months of its 2018 financial year owing to an 11% increase...
Centamin pays out 100% of 2017 cash flow for bumper dividend
EGYPTIAN gold mining firm, Centamin, delivered the ultimate reward to shareholders paying out its entire cash flow generated in 2017 via a final dividend...
AngloGold in strong finish to 2017, but exceptional items bruise
ANGLOGOLD Ashanti registered a strong end to its 2017 financial year mining just over a million ounces of gold in the fourth quarter, and taking...
New Eskom board to assess overhaul of firm’s capital structure
ESKOM'S newly appointed board put the onus for the company's sustainability firmly in the lap of the South African government saying the organisation's capital...
Pace of change in world’s mining sector likely to accelerate
THE pace of change in the global mining and metals space has accelerated. We used to talk about trends whereas now it’s about volatility....
Northam gives mind to reopening Eland as rhodium soars
NORTHAM Platinum said it was "well advanced" in developing its mine plan for Eland Platinum, the purchase of which from Glencore was made unconditional...
Panaf revealed as mystery bidder for stricken ASA Resource Group
PAN African Resources (Panaf), a JSE-listed gold producer, has emerged as the company interested in buying the assets of Zimbabwe's ASA Resource Group, a...
Petra knocked on fears rand, blocked exports will crimp profit
PETRA Diamonds adjusted full year production guidance by up to 300,000 carats (ct), a development that is likely to crimp much-needed cash flow given...
Repairing weak leadership crucial in saving SA’s mining sector
IN a New Year’s message, Chamber of Mines CEO, Roger Baxter, said the Chamber had made progress in the battle against corruption and unethical...