Gold Fields expects rewards from Buffett’s turn to gold

Gold miners are widening their investment appeal as near-record bullion prices boost profits and dividends, according to the CEO of Gold Fields.

Bloomberg News | August 27, 2020 | 8:30 am

Danakali eyes finish line for Eritrea potash project

Danakali will spend the rest of 2020 focused on closing the required financing to bring its Colluli potash project closer to construction, as Eritrea eases covid-19 restrictions.

Cecilia Jamasmie | August 27, 2020 | 7:52 am

Wage talks with Kumba Iron Ore hit deadlock, union says

Union said the company had agreed a wage increase of 8% for the lowest-paid workers and 6.5% for the highest-paid, but the two parties had disagreed over sick leave.

Reuters | August 26, 2020 | 8:26 am

RioZim expects demand bounce after virus turmoil

Zimbabwe’s second-largest diamond miner sees demand picking up.

Bloomberg News | August 26, 2020 | 8:22 am

South Africa ministry OKs AngloGold asset sale but blocks delisting

The gold miner has not yet received all necessary approvals and is still in talks with government.

Cecilia Jamasmie | August 26, 2020 | 4:03 am

Trevali weighs Rosh Pinah expansion with strong prefeasibility returns

Results suggest potential for increased production at lower operating costs starting in 2023.

Canadian Mining Journal Staff | August 25, 2020 | 11:25 am

Botswana says no guarantee on De Beers deal by end-2020

The deal is necessary for the Debswana Mining Company, jointly held by De Beers and the Botswana government, as it provides the country with around two-thirds of its foreign exchange.

Reuters | August 25, 2020 | 9:37 am