Petra Diamonds launches $25m rights offer
PETRA Diamonds today launched its previously announced £18.8m ($25m) rights offer which forms a key part of steps aimed at keeping the company afloat...
Platinum price rise justified and sustainable
THE 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal,...
US warns China over rare earth controls
AMERICA'S Treasury secretary has cautioned China that sweeping new restrictions on rare earth and critical mineral exports risk forcing Western nations to sever economic...
Illegal miners kill police at Gemfields ruby mine
GEMFLELDS Group said today its Montepuez ruby mine in northern Mozambique was stormed by illegal miners, resulting in the deaths of two police officers.
Around...
Record breaking DRDGOLD ploughs profits into Ergo
DRDGOLD ploughed cash from record gold prices into its capital growth programme spending R751.8m in the September (first) quarter.
Publishing its first quarter production report...
Kenmare may resort to arbitration for export licence
KENMARE Resources said it would resort to arbitration if it failed to reached an agreement with Mozambique on a licence for its mineral processing...
Gold shares becoming a ‘must own’ for investors
THE 56% advance in the gold price over the last 12 months is forcing investors to adjust their investment tactics with one bank saying...
Australia risks losing mining investment, warns BHP executive
AUSTRALIA must accelerate environmental approvals and provide cheaper power to remain competitive for mining investment, said Reuters citing comments made by BHP's head of...
Glencore in talks on Mokala manganese offtake deal
GLENCORE said on Wednesday it had exercised its tag along rights in respect of an offer for the Mokala manganese mine in South Africa's...
Silver reaches record on acute London shortage
SILVER surged to an unprecedented $53 per ounce on Tuesday, marking an 85% gain this year as a supply crisis in London propelled prices...