Lucapa Diamond restarts Mothae mine in LesothoThe company said it plans to escalate operations at the mine to 75% capacity as some covid-19 restrictions remain in place.Cecilia Jamasmie | October 9, 2020 | 7:37 am
Barrick CEO calls for consolidation and warns of reserve crisis"The prospect of a serious reserve crisis is looming," said…Reuters | October 8, 2020 | 9:44 am
Impala approached over stake in giant Zimbabwe platinum projectGreat Dyke Investments views Impala as an attractive partner partly…Bloomberg News | October 7, 2020 | 9:10 am
Sibanye-Stillwater turns off dividend tap after annual loss In lieu of the cash dividend, it will undertake a "capitalisation issue" that will see four ordinary shares given to shareholders for every 100 they hold. Reuters | February 22, 2018 | 11:06 am
Barrick to hike gold output as Newmont gets too close to being world’s top producer Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021. Cecilia Jamasmie | February 22, 2018 | 9:03 am
De Beers diamond output to peak this year thanks to Gahcho Kue The unit of Anglo American intends to mine as much as 36 million carats this year, up from 33.5 million in 2017. Cecilia Jamasmie | February 22, 2018 | 4:45 am
Anglo American ‘shows off’ — doubles profits, halves debt, pays highest divvy in a decade Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden. Cecilia Jamasmie | February 22, 2018 | 3:40 am
Canada the world’s overall top mining destination, despite Saskatchewan fall That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year. Cecilia Jamasmie | February 22, 2018 | 2:00 am
Apple in talks to buy cobalt directly from miners — report Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage. Cecilia Jamasmie | February 21, 2018 | 5:48 am
Miners rich in cash are aiming for fat dividends, debt payments The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors. Bloomberg News | February 21, 2018 | 4:35 am
Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise. Cecilia Jamasmie | February 21, 2018 | 3:44 am
Tanzania’s new mining rules impose restrictions on foreign banks, insurers Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector. Reuters | February 20, 2018 | 10:49 am