Pallinghurst’s Gemfields finding favour after mid-year slump
PALLINGHURST Resources CEO, Arné Frandsen, warned investors in August that it was perhaps too early to call the recovery of the commodity markets.
He may...
Kumba’s Sishen on target for 27Mt in “mixed” Q3 for Anglo
KUMBA Iron Ore was the highlight of Anglo American's third quarter production figures with the 70%-owned listed subsidiary showing signs it could meet its...
Amplats to take R750m pretax hit on Waterval smelter leak
ANGLO American Platinum (Amplats) would take a R750m hit to pretax earnings in its 2016 financial year owing to a leak at its Waterval...
Different strokes for different folks in Ghana
“Constant engagement” with government and “continuous education in terms of what we are doing so they know what is coming or is not coming”...
Petra soothes debt fears as firm moves into peak funding
PETRA Diamonds reassured analysts that even in the event of a 15% weakening in the price of rough diamonds, the company would not fall...
Gold Fields to invest $1.4 billion in Ghana’s Damang mine
Gold Fields is to invest $1.4bn over an eight year period in its Damang mine in Ghana which will extend the life-of-mine (LOM) from...
Wesizwe goes for contract mining at Bakubung
Wesizwe Platinum’s Bakubung mine is to be developed and mined using contractors for the first 10 years of its life instead of being owner-operated...
RBPlat to weigh share issue as accelerates R4.75bn Styldrift I
ROYAL Bafokeng Platinum (RBPlat) is to apply the accelerator to its Styldrift I project following an improvement in the rand price of platinum.
This will...
DiamondCorp secures short-term future, but at hefty price
DIAMONDCORP has staved off the prospect of bankruptcy, at least in the short-term, after agreeing a £700,000 loan with its shareholder and lender Rasmala...
Build, buy or return: what will global miners do with their...
THE unexpected upturn in commodity prices this year has provided a "short-term window of opportunity of about six to nine months" to the global...