Sibanye mulls $600m liquidity lift amid “unwarranted” share slide
SIBANYE-Stillwater is considering raising up to $600m in additional funds and working capital in an effort to deleverage its balance sheet which it acknowledged...
Orion wins loan extension in order to focus on exploration
This article has been corrected to show the placement with a lender was at a premium, not a significant discount as previously reported.
ORION Minerals,...
Pan African nets R126m as BEE partner sells 5.8% of firm
PAN African Resources (Pan African) will collect R126m from the sale of shares owned by empowerment partner, PAR Gold Proprietary - funds that will...
Centamin meltdown overdone as investment case intact: analysts
SHARES in UK-listed Centamin, which operates the Sukari gold mine in Egypt, recovered 4% by midday in London after RBS Capital Markets claimed the...
S&P upgrades Glencore rating despite higher risk African assets
GLENCORE'S credit rating was improved by S&P Global Ratings in an assessment that takes a sanguine view of the political risk currently making headlines...
Kore Potash appoints former Newcrest, Gold Fields GM as CEO
LONDON- and Johannesburg-listed Kore Potash today unveiled former Newcrest mining engineer, Brad Sampson, as its new CEO after incumbent, Sean Bennett, announced earlier this...
Sibanye-Stillwater share price recovery still to materialise
AN anticipated recovery in the shares of Sibanye-Stillwater is yet to materialise after the company sank to a level last seen about two-and-a-half years...
Miller hoping mining expansion can attract monied investors
IT’S an historical quirk of South Africa’s mining sector that exploration for new minerals and metals has been the responsibility of the mining houses,...
Eskom coal drive gives Glencore, Anglo earnings boost
ESKOM’S drive to procure more coal has given the prospects of Glencore, Anglo American and South32 – some of the largest diversified mining firms listed...
2018 tipped as ” a year to forget” for Centamin as...
CENTAMIN could produce as much as 13% less gold than it expected for its 2018 financial year after a second quarter recovery failed to...