Lobby group aims to interdict Lonmin deal for failing communities
A NON-profit organisation called Mining Forum SA said it would interdict the proposed purchase of Lonmin by Sibanye-Stillwater arguing that the platinum producer had...
Zimbabwe to trash Mugabe’s ‘look east’ policy in favour of west
ZIMBABWE'S ruling party, ZANU-PF, plans to improve its chances at the country's national elections later this year by disposing of former president Robert Mugabe's...
Former Rio boss Albanese calls for SEC charges to be thrown...
FORMER Rio Tinto executives, Tom Albanese, who was the Anglo-Australian group's CEO, and his CFO, Guy Elliott, said civil claims brought by the Securities...
Standard Bank denies opening Gupta firm bank account
ONE of South Africa's largest banks, Standard Bank, contradicted comments by the business rescue practitioner responsible for resuscitating mining properties owned by the Guptas...
De Beers books $555m in diamond sales for second cycle
ANGLO American said diamond sales in the second cycle of its financial year totalled $555m, slightly higher than in the previous financial year when...
Congo’s Kabila to meet with miners over code changes March 6
THE Democratic Republic of Congo president, Joseph Kabila, is to meet with mining companies tomorrow (Tuesday, March 6) regarding proposed changes to the central...
GoviEx “essentially debt free” after repaying Toshiba $4.5m bond
GOVIEX would be "essentially" debt free following payment of a $4.5m bond with Toshiba - a sum that will be partially assisted by shareholder,...
Market for juniors “extremely difficult”, says Stellar’s Smithson
UK-listed diamond junior, Stellar Diamonds, said the market for fund-raising had proved "extremely difficult" partly owing to the size of the company which is...
Lucapa takes sales of Angolan diamonds to $10.8m in 2018
AUSTRALIAN-listed Lucapa Diamond Company sold 2,072 carats of diamonds from its Lulo mine in Angola which it shares with the state-owned diamond company, Endiama,...
AngloGold concludes mine sales for gross proceeds of R3.57bn
TRANSACTIONS to sell AngloGold Ashanti's Moab Khotsong and Kopanang mines for a combined gross amount of R3.57bn were closed on February 28, the gold...