Allied raises $53m in gold streaming deal with Triple Flag
ALLIED Gold Corp. said on Thursday it had sold forward gold production until 2027 in a streaming deal with Triple Flag International, raising $53m...
Why some gold companies don’t believe in M&A
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asked at the recent London Indaba conference to explain why he opted to become a non-executive after 12 years at Barrick Gold, chairman John...
Qatar takes $180m bet on Brian Menell’s TechMet
QATAR'S sovereign wealth fund has agreed to invest $180m in TechMet, a Dublin-based mining investment company founded in 2017 by Brian Menell, a former...
Gold Fields to pay “substantial” compensation to St Ives community
GOLD Fields said on Wednesday it had signed an agreement with Ngadju People to pay compensation for past mining activities and provide future-facing benefits.
The...
Implats consigned to year-end loss as impairs mines for R19.8bn
IMPALA Platinum (Implats) today announced it had impaired assets for R19,8bn, equal to basic earnings of R22,04 per share, owing to a one-third decline...
“Inflection point” for Copper 360 as starts underground mining
COPPER 360 says it's at an inflection point where high-margin copper concentrate production will shortly overtake its low-margin copper plate business, thanks to the...
Glencore shelves coal demerger following talks with shareholders
GLENCORE said today it would retain its coal assets, which include the newly acquired metallurgical coal of Elk Valley Resources (EVR), rather than demerge...
AngloGold stages major turnaround in interim free cash
ANGLOGOLD Ashanti staged a $400m swing in year-on-year free cash flow for the six months ended June after slashing total cash costs at its...
Afrimat says iron ore export volumes down 20%
RAILED iron ore export volumes had fallen about fifth in the first six months of Afrimat's 2025 financial year compared to the same period...
Petra postpones first diamond tender of 2025 financial year
PETRA Diamonds has postponed the first diamond sales of its 2025 financial year saying its decision was part of an industry-wide effort to impose...