Acacia defends balance sheet despite $116m cash outflow
ACACIA Mining's cash balance had fallen about $116m in the last two months amid a stand off with the Tanzanian government which has embargoed...
Eskom fallout hurting what little new project capital remains
THE fallout at state-owned Eskom has inevitably affected some of South Africa's coal producers including Resource Generation (Resgen), a company that is increasingly rare...
Asanko kicks back against Muddy Waters’ ‘smear’ allegation
ASANKO Gold kicked back against a report which said the company's Asanko gold mine in Ghana had flawed geology and that it would require...
Eskom to finalise “way forward” after Molefe appointment rescinded
IN the briefest of statements, South African power utility, Eskom said it would meet to finalise "the way forward" after Public Enterprises minister, Lynne...
Gemfields delivers stinging critique of “derisory” Pallinghurst bid
AN independent committee created to assess Pallinghurst Resources' proposed takeover of Gemfields has delivered a stinging criticism of the $150m proposal saying it served...
Acacia facing mine closures as “irrational” Tanzania maintains ban
ACACIA Mining may be facing curtailment or closure of up to two thirds of its annual gold production owing to a dispute with the...
Critical to take platinum out of market, says Sibanye’s Froneman
THERE was a "high degree of concern" for the economic viability of up to 300,000 ounces of Sibanye Gold's platinum group metal (PGM) production...
CoAL’s Makhado clears regulations after IWUL suspension lifted
COAL of Africa (CoAL) said all outstanding regulatory issues had been cleared for its $280m Makhado thermal and coking coal project situated in South...
Relief as Banro Corp. employes returned safe after hostage crisis
FOUR employees of Banro Corporation who had been taken hostage whilst working at the firm's Namoya gold mine in the Democratic Republic of Congo...
Acacia baffled by astonishing discrepancies in Tanzania export study
ACACIA Mining has raised major questions about the integrity of Tanzania's First Presidential Committee finding regarding its alleged under-declaration of minerals held at the...