Aim-listed BlueRock Diamonds has raised £575 000 before expenses through the issue of 191.67-million shares at a price of 0.3p a share. The funds will be used to continue the development of the Kareevlei mine, in the Kimberley region of South Africa.
BlueRock raises £575 000 for further Kareevlei development Read More »
Jupiter Mines on Monday announced that the board of Tshipi é Ntle Manganese Mining has resolved to distribute a R1.1-billion dividend to its shareholders for the second half of the 2019 financial year. Tshipi has distributed R3.2-billion in dividends f…
Tshipi declares R1.1bn H2 dividend Read More »
Dual-listed Eastern Platinum’s (Eastplats’) Barplats Mines subsidiary has shipped the first 10 000 t of chrome concentrate from its newly built Zandfontein Upper Group 2 tailings chrome retreatment facility in South Africa’s North West province. The re…
First chrome concentrate shipped from Eastplats subsidiary’s retreatment facility Read More »
Acacia Mining maintained strong cost discipline in the financial year ended December 31, achieving an all-in sustaining cost (AISC) of $905/oz, well below the guidance range of $935/oz to $985/oz, interim CEO Peter Geleta said in a statement on Monday….
Acacia maintained strong cost discipline in FY18 Read More »
Gold miner Acacia Mining maintained strong cost discipline in the financial year ended December 31, achieving an all-in sustaining cost (AISC) of $905/oz, well below the guidance range of $935/oz to $985/oz, interim CEO Peter Geleta said in a statement…
Acacia maintains strong cost discipline in FY18 Read More »
Dual-listed Gold Fields expects its headline earnings per share (HEPS) for the 12 months ended December 31, 2018 to be 65% to 81% lower year-on-year at between $0.05 to $0.09. In a trading update published on Wednesday, the gold producer said its basic…
Gold Fields anticipates lower FY18 HEPS Read More »
Gold is bought as a luxury good as much as an investment, and, as such, can play four fundamental roles in an investment portfolio, an analysis published by the World Gold Council (WGC) shows. Firstly, gold is a source of long-term returns.
Gold remains an important strategic asset – WGC Read More »
The Minerals Council South Africa has welcomed the statements made by President Cyril Ramaphosa during his address at the Investing in African Mining Indaba, in Cape Town, on Tuesday. The Minerals Council said the President had, throughout his address,…
Minerals Council welcomes President’s statements at Mining Indaba Read More »
Aim-listed BlueRock Diamonds has recovered an exceptional 8.97 ct diamond at its Kareevlei mine, in the Kimberley region of South Africa. This will be the third diamond to be recovered at Kareevlei that is independently valued at more than $50 000.
BlueRock recovers 8.97 ct diamond at Kareevlei Read More »
Metals streaming transactions as a way to raise capital for development or acquisition financing is gaining popularity among African mining companies, says Baker McKenzie managing partner Morne van der Merwe and Banking and Finance head Wildu du Plessi…
Metals streaming transactions to raise capital gains traction in Africa – Baker McKenzie Read More »
