Los Bronces puts chill into Anglo’s Q2 production numbers
ANGLO American downgraded its copper output forecast for its 2016 financial year owing to "severe winter weather" at Los Bronces mine in Chile, and...
Lucara Diamond Corp. pays $132m special dividend
LUCARA Diamond Corporation, the Botswana-based firm, said it would pay a C$172m ($132m) special dividend to shareholders taking the total dividend paid in its...
Implats extends debt to R4bn, eases rights issue fears
IMPALA Platinum (Implats) extended its debt facilities to R4bn in an effort to "provide comfort" it could redeem R5.5bn in convertible bonds which fall...
Promise for South Deep as Gold Fields tracks 2016 output target
GOLD Fields will keep the gold industry's feel-good factor pumping when it reports a 14 US cents increase in interim share earnings next month....
Dividends on agenda despite Harmony’s debt, capital ‘priorities’
ONE of the painful lessons learned by the mining sector since the collapse of the commodity market has been the importance of using cash...
Harmony hedges 20% of gold as eyes task of building Golpu
HARMONY Gold has hedged a fifth of its gold production for two years - equal to about 432,000 ounces - as it seeks to...
CoAL abandons bid for Universal amid Eskom contract delay
COAL of Africa's (CoAL's) R1.38bn (A$126.4m) bid for Australian-listed Universal Coal has been called off because a sales contract with Eskom had not been...
Gupta’s Oakbay listing in jeopardy after fails to find sponsor
Oakbay Resources & Energy, the company owned by the Gupta family, has been unable to find a sponsor to replace Sasfin in the specified...
‘Era of uncertainty’ sends gold into new bull phase
IF there’s one thing that can be said for gold, it’s that it never wastes a good crisis.
The last time bullion was at current...
Light at the end of the tunnel for silicosis victims
IT has been a difficult year for the mining industry insofar as health and safety has been concerned, but the tide is turning for...