ASX-listed Kibaran Resources on Wednesday confirmed that it has received firm commitments from investors to raise $1.1-million through a share placement of 11-million fully paid ordinary shares at an issue price of 10c a share. The issue price represen…
Kibaran seeks to raise $2.1m through share placement, share purchase plan Read More »
MAST Energy Developments (MED), Kibo Energy’s 60%-owned subsidiary, has signed a binding conditional agreement for the exclusive right to undertake due diligence and negotiate the potential acquisition of five peaking power sites totalling 25.85 MW. Un…
Kibo to potentially acquire five peaking power sites totalling 25.85 MW Read More »
A carbon tax on fuel of 9c/l on petrol and 10c/l on diesel will become effective from June 5, Finance Minister Tito Mboweni said on Wednesday. Further, the general fuel levy will increase by 15c/l for petrol and diesel from April 3, while the Road Acci…
Another fuel levy increase lies ahead, carbon tax to be implemented Read More »
Gold miner AngloGold Ashanti achieved its guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation, the company announced on Tuesday morning. The gold miner further declared a dividend of …
Improved margins drive growth in AngloGold’s free cash flow generation Read More »
Following the release of a trading statement earlier this month, Impala Platinum (Implats) on Monday said that it “now has reasonable certainty” that its headline earnings and headline earnings per share (HEPS) for the six-month period ended December 3…
Implats announces revised interim HEPS, EPS figures Read More »
Sylvania Platinum CEO Terry McConnachie remains confident that Sylvania will achieve its revised production guidance of between 73 000 oz and 76 000 oz for the full 2019 financial year. The company’s Sylvania Dump Operations (SDO) had achieved only a m…
Sylvania on track to meet revised FY19 production guidance Read More »
TSX- and NYSE-listed Taseko Mines has successfully added a near-shovel-ready copper project to its assets with the successful acquisition of Yellowhead Mining. The company reported on Friday that the transaction had closed and that Yellowhead’s shares…
Taseko closes Yellowhead Mining acquisition Read More »
Diversified miner Exxaro Resources on Monday confirmed that NYSE-listed mining and inorganic chemicals company Tronox has completed the first stage of its redomiciliation, whereby it has acquired Exxaro’s remaining ownership interest in Tronox Sands fo…
Exxaro completes Tronox divestment Read More »
Diversified miner African Rainbow Minerals (ARM) expects its headline earnings a share for the six months ended December 31, to increase by between 8% and 15% to between R11 and R11.80, compared with the R10.23 reported for the first half of the prior …
ARM expects increase in H1 headline earnings Read More »
Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and recovery process can continue with the necessary sp…
Mantashe calls for more security at mines following Gloria coal mine incident Read More »
