Centamin bids for Egyptian concessions amid renewed pressure on share price
CENTAMIN had bid for mineral concessions in Egypt as it sought to broaden its exploration footprint in the North African country, said CEO Martin...
Orion to resume exploration drilling at Northern Cape site after 9...
ORION Minerals, the Johannesburg-listed base metals development firm, is to restart exploration drilling after a nine-month Covid-19-induced hiatus.
Errol Smart, MD of Orion Minerals, said...
Small mining firms asked to catch up with industry counterparts on...
SMALL mining companies had failed to emulate their larger capitalised counterparts in improving representation of female and Black employees, said Reuters citing comments by...
Petra Diamonds to hand 91% of company to note holders after...
PETRA Diamonds is to convert about half of outstanding loan note debt to shares which will hand some 91% of the firm’s enlarged share...
Perseus Mining “getting financially stronger by the day”, says CEO Jeff...
PERSEUS Mining CEO, Jeff Quartermaine, forecast an "as good if not better" December quarter after reporting $43m in notional free cash flow for the...
Sibanye-Stillwater says “very difficult” to find value in re-rated global gold...
SIBANYE-Stillwater said it was "very difficult" to find value in the gold sector given the re-rating of equities in the past two years.
“We do...
Shanta Gold to close loss-making hedge by January as programme cuts...
SHANTA Gold forecast the closure of its hedge book by January after it delivered 15,000 ounces of gold, about 55% of third quarter production,...
Bondholders likely to take Zambia to task or risk debt contagion...
BONDHOLDERS were likely to put up a fight in order to prevent Zambia's debt-crisis setting a troubling precedent to other debt-holders in sub-Saharan Africa,...
South32 forecast low-end of output guidance for SA coal, reinstates $1.43bn...
SOUTH32 forecast thermal coal production from its South African assets at the lower-end of its previously guided 10.5 to 12.5 million tons (Mt) for...
Resolute announces departure of CEO, John Welborn, saying seeking operational improvement
IN a surprise development, John Welborn has stepped down from Resolute Mining, the Sydney and London-listed mid-tier gold producer of which he was CEO...