MARK Cutifani, the former CEO of Anglo American, has teamed up with mining banker Omar Davis, formerly of Bank of America to set up a merchant bank – Odin Partnership – aimed at capitalising on ...
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 ...
THARISA reported lower first quarter production owing to poor availability of drilling equipment. Coupled with an easing in the chrome price, the slow start contributed to a quarter-on-quarter decline ...
BARRICK Gold warned shareholders on Monday against accepting a ‘mini-tender’ for five million of its shares by TRC Capital Investment Corp. The offer was made at a 4.52% and 4.38% discount to its ...
AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times in a report on Sunday. The petition ...
MALI has begun enforcing a provisional order to seize gold stock at Barrick Gold’s Loulo-Gounkoto site, said Reuters citing a note to staff issued by the Canadian miner. In the note, Barrick warned it ...
GOLD is expected to average $2,795 per ounce this year continuing the gains of last year, said the Financial Times. Purchases of the metal will be driven by central bank buying and the Donald Trump ...
MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as Jubilee Metals and Sylvania Platinum are in its ...
EXXARO Resources said last year it will press on with plans to diversify production into “green metals”. In the case of the JSE coal miner, read manganese — which is used to make steel and also has a ...
EARLY anecdotal evidence points to a “pleasing” improvement in polished diamond sales since Thanksgiving in the US. This will come as a boost for Anglo American, which needs an improvement in the ...
Marna Cloete, President at Ivanhoe Mines attends the Platinum Group Metals (PGMS) Industry Day in Johannesburg, South Africa, April 10, 2024. REUTERS/Ihsaan Haffejee MARNA Cloete is accustomed to the ...