Sibanye CEO eyes future gold M&A of $5 billion

Company is likely to target North America-based gold producers with multiple assets.

Bloomberg News | February 24, 2020 | 10:02 am

Gemfields Mozambique’s ruby unit reports attack on workers

Attackers torched a vehicle, less than a month after 11 people died when parts of a mine pit collapsed.

Bloomberg News | February 24, 2020 | 9:28 am

Sawiris in talks to buy 51% stake in Egypt state-owned mining firm

Sawiris had said that he intended to invest in gold and copper mining in Egypt if investment conditions improved.

Reuters | February 23, 2020 | 10:12 am

Egypt to launch bid round in March for gold exploration in Eastern Desert – official

The country's Eastern desert is believed to be highly mineral-rich as it forms part of an area known as the Arabian-Nubian shield.

Reuters | February 23, 2020 | 9:32 am

AngloGold earnings lifted by bullion price strength

Company's free cash flow before growth capital surged 106% to $448 million.

Reuters | February 21, 2020 | 10:34 am

Anglo’s giant palladium mine poses key question for new CEO

Mogalakwena in South Africa churned out $655 million in cash last year.

Bloomberg News | February 21, 2020 | 9:43 am

Amplats CEO to be most powerful woman in precious metals mining

When Natascha Viljoen takes over as CEO of Anglo American Platinum in April, she will be the only woman running a major precious metals mining company.

Bloomberg News | February 20, 2020 | 11:36 am

De Beers posts lowest profit since end of diamond monopoly

Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned so little money.

Bloomberg News | February 20, 2020 | 10:43 am

Exxaro to sell Leeuwpan and Exxaro Coal Central

South African coal miner said the assets were not seen as core to its future objectives.

Reuters | February 20, 2020 | 10:04 am

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Zimbabwe makes U-turn on mining royalties to halt currency slide

China built Congo a toll road that led straight to the ruling family

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South Africa urges Rio Tinto workers to report cases of discrimination

B2Gold receives new Menankoto permit, updates Cardinal resource estimate

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