Copper 360 announces restructure to focus on Rietberg mine
COPPER 360 is to cut jobs at its Northern Cape province operations as part of a "repositioning" aimed at putting the company on course...
Barrick launches $3bn buyback ahead of spin-off
BARRICK Mining said it planned to repurchase $3bn of its shares in an effort to reward shareholders ahead of the proposed spin-off of its...
Zhaojin targets African gold mines as M&A heats up
CHINA'S Zhaojin Mining Industry is scouting for gold mine acquisitions in Africa, Central Asia and the Asia Pacific, with West African countries including Côte...
Stewart aims to keep it simple at Sibanye-Stillwater
SIBANYE-Stillwater shares are down almost 10% year to date, which is quite a disconnect considering its latest quarterly results, in which the platinum group...
Coal demand surges as Middle East conflict disrupts gas
GLOBAL coal imports are on course for their third-highest monthly total on record this May as the Middle East conflict forces Asia and Europe...
AngloGold unveils $2bn buyback as registers record cash flow
ANGLOGOLD Ashanti on Friday unveiled plans for a $2bn share buy-back following another quarter of record free cash flow.
Announcing its first quarter numbers, the...
Sibanye-Stillwater raises $500m in bond offering
SIBANYE-Stillwater has secured $500m (R8.2bn) in a senior notes offering that was more than five times oversubscribed, said Business Day in an article on...
US and South Africa open minerals investment talks
THE US and South Africa have begun preliminary discussions on potential resource deals spanning mining, investment and infrastructure, said the Financial Times on Friday.
The...
Macquarie commodities chief out-earns group CEO
THE head of Macquarie Group's commodities and trading arm was paid more than the company's CEO last year after profits at his division surged...
Barrick’s biggest Mali contractor quits, cuts 600 jobs
THE largest contractor at Barrick Mining's Loulo-Gounkoto gold complex in Mali is winding down its operations and dismissing more than 600 workers, said Reuters...