Globally, gold-backed ETFs (gold ETFs) added 170 t – or net inflows of $9.3-billion – in April, boosting holdings to a new all-time high of 3 355 t, data shows. Assets under management (AUM) also reached a new record high of $184-billion as gold in dol…
Inflows into gold ETFs rise for a sixth straight month Read More »
Aim-listed Ncondezi Energy has finalised a binding agreement with GridX Africa Development for a pipeline of solar and battery storage projects in the commercial and industrial (C&I) sector. Ncondezi and GridX have signed a binding relationship agr…
Ncondezi secures $5.5m C&I pipeline Read More »
Global miner Anglo American has announced the retirement of Dr Mphu Ramatlapeng, who stepped down from the board with effect from May 5, following the conclusion of the 2020 Annual General Meeting. She has served as an independent nonexecutive director…
Dr Mphu Ramatlapeng retires from Anglo American board Read More »
Engineering company Fluor South Africa has reached a safety milestone of two-million hours worked without a lost time injury at Cupric Canyon Capital’s Khoemacau copper/silver starter project, in Botswana. Fluor was awarded the engineering, procurement…
Fluor achieves safety milestone at Botswana mine Read More »
Mineral Resources and Energy Minister Gwede Mantashe will on May 6 receive personal protective equipment (PPE) worth R1-million from diversified miner Sibanye-Stillwater. The donation from Sibanye is part of the mining sector’s support in containing th…
Mantashe to receive R1m of PPE from Sibanye-Stillwater Read More »
Aim-listed AfriTin Mining has secured £2.05-million in a new loan note facility, with the funds to be used to improve its financial position as production ramps up at its flagship Uis tin mine, in Namibia, and to mitigate any potential effects of the C…
AfriTin secures £2.05m loan facility Read More »
JSE-listed Hwange Colliery Company has reported a gross profit of ZWL182-million for the year ended December 31, 2019, compared with a loss of ZWL3.3-million the year before. Its net loss, however, widened from ZWL78-million to ZWL91-million, owing to …
Hwange sets focus on improving production, sales Read More »
Aim-listed Armadale Capital has raised £550 000 through a private subscription with certain existing high-net-worth shareholders in the company. As part of the subscription, 24.4-million new ordinary shares will be issued at a price of 2.25p a share, r…
Armadale raises £550 000 to advance Tanzania project Read More »
Gold producer Caledonia Mining Corporation has declared a dividend of $0.075. On April 1, the board deferred the decision to declare the quarterly dividend in light of the uncertainty surrounding the Covid-19 pandemic.
Caledonia declares quarterly dividend Read More »
Dual-listed Tanzanian Gold reports that SGS Canada Lakefield will soon start comprehensive metallurgical testing on the primary or sulphide gold mineralisation at the Buckreef gold project, in northern Tanzania. The results will be the basis for a fina…
Tanzanian Gold notes potential of Buckreef Read More »
