PETRA Diamonds is to begin discussions with financiers on refinancing a $273m bond that matures in March next year amid scepticism that the company will survive the event. The ratings agency S&P last ...
MC MINING plans to start construction of a new thermal and metallurgical coal mine planned for the Limpopo province in January provided it can successfully get a $40m rights offer away, launched today ...
A flag flies at the Northam Platinum Ltd. Booysendal platinum mine outside the town of Lydenburg in Mpumalanga, South Africa. NORTHAM Platinum reported a 3.7% increase in equivalent refined platinum ...
SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai’s International Resources Holding (IRH) aimed at breathing life into underperforming ...
PLATINUM group metals miner Impala Platinum (Implats) faced a range of challenges in the March quarter which hindered saleable production, ranging from heavy rainfall at mines to downtime at smelters ...
CALDEONIA Mining on Tuesday approved construction of the 200,000 ounce per year Bilboes gold mine – a $484m project the company said would help restore Zimbabwe’s reputation as “a major gold mining ...
GLENCORE and Umicore are among smelting and refining firms that have warned the European Union proposed regulations on cobalt exposure could devastate the region’s industry and increase reliance on ...
FOUR major commodity trading houses stand to earn extraordinary profits exceeding $300m after positioning themselves ahead of Donald Trump’s copper tariff announcement, capitalising on one of the most ...
SOUTH African mines minister Gwede Mantashe rejected a business proposal offering the United States access to Africa’s critical minerals, citing concerns that Sibanye Stillwater was advancing its own ...
SHARES in DRA Global registered a fresh low this week with the mining engineering company now just 51% its value since listing a year ago. The underperformance is a consequence of a botched ...
IN January, South Africa’s department of mineral resources & energy (DMRE) finally unveiled its preferred technology provider for a new minerals cadastre. The cadastre, a comprehensive real estate map ...
OPERATIONS have restarted at Barrick Mining Corp.’s Loulo-Gounkoto gold mine in Mali following a nine-month shutdown, said Bloomberg News which cited unnamed sources. The Canadian mining company ...
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