Surface gold mining company DRDGold is considering re-starting operations at its Far West Gold Recoveries surface retreatment operation at Carletonville, south-west of Johannesburg, in consultation with government and organised labour. DRDGold CEO Niël…
DRD consulting with govt, labour to restart Far West Rand gold recoveries Read More »
The coronavirus pandemic has hit silver to a ten-year-plus low, according to the Refinitiv GFMS annual Silver Market Review 2019, which includes provisional supply and demand estimates for 2020. After rising to a five-month high by late February, the s…
Covid-19 hits silver to a ten-year-plus low Read More »
Gold mining company AngloGold Ashanti has embarked on a remarkable number of humanitarian initiatives to slow the spread of the coronavirus pandemic, including making two of its mining hospitals available to the provincial governments of North West and…
AngloGold hands over two hospitals to authorities for COVID-19 patients Read More »
Gold mining company AngloGold Ashanti has embarked on a remarkable number of humanitarian initiatives to slow the spread of the coronavirus pandemic, including making two of its mining hospitals available to the provincial governments of North West and…
AngloGold hands over two hospitals to authorities for Covid-19 patients Read More »
All of the electricity of the mining division of the London-listed Chile-based Antofagasta plc will from 2022 be from renewable sources at lower cost. This follows the signing by Antofagasta’s Centinela copper mine of a new power purchase agreement wit…
All Antofagasta mines to be powered by renewables at lower cost Read More »
Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group financial director Dr Arno Daehnke said during an investor call. “We would argue strenuously that this crisis is still very muc…
Standard has R427bn contingent liquidity, grants R35bn payment holiday Read More »
Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call. Daehnke disclosed that the bank was benefitting from building up increased cap…
Standard Bank meeting all capital and liquidity requirements Read More »
The coronavirus pandemic has prompted global diversified mining and marketing company Glencore to defer its proposed $2.6-billion distribution of cash and reinforce its $10.1- billion liquidity through the refinancing and extension of revolving credit …
Covid-19 prompts Glencore to defer cash distribution, reinforce liquidity Read More »
South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) on Tuesday announced that its FD Abigail Mukhuba would be stepping down with effect from the end of September to pursue a new career, and that ARM se…
African Rainbow Minerals financial director to step down Read More »
Mining and marketing company Assore, which is delisting from the Johannesburg Stock Exchange after 70 years, on Tuesday informed its shareholders that it had taken lockdown steps following the increased incidents of COVID-19 in South Africa. Assmang, w…
Assore halts mines and smelters, prioritises on-time supplier payment Read More »
