Capitalworks Investment Partners plans to invest R5-billion of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic. The firm raised 25% more than planned for its Private Equity Fund III f…
Morgan Stanley-backed fund to buy virus-hit South African firms Read More »
Coal mining company Buffalo Coal said on Wednesday that it had implemented a ‘no-work-no-pay’ policy for those employees whose services could be not utilised since the extension of national lockdown on April 17. In its fourth Covid-19 update, Buffalo s…
Buffalo implements ‘no work, no pay’ for unusable services employees Read More »
Two people died when an informal gold mine collapsed in western Liberia early on Tuesday, the National Disaster Management Agency said. The collapse happened in a mining hub in Grand Cape Mount County, said Assistant Mines Minister Emmanuel Swen and ot…
Two killed in Liberia gold mine collapse Read More »
Mineral Resources and Energy Minister Gwede Mantashe has released, for public comment, draft amendments to the Electricity Regulations on New Generation Capacity that would enable municipalities “in good financial standing” to develop or procure their …
Mantashe seeks comment on draft regulations enabling municipalities to buy own power Read More »
Titan Medical Announces Closing of US$2.0 Million Registered Direct Offering Financial Post … Continue reading →
Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already …
Coal snags $31m in US stimulus loans for small business Read More »
Canada-based Kinross Gold has nearly doubled its net earnings in the March quarter, while its margin growth outpaced the increase the average realised gold price.
The TSX-listed company, which operates in the Americas, West Africa and Russia, reported…
Kinross’ margin growth outpaces gold price increase Read More »
Southern Empire Resources Corp. Announces Closing of Qualifying Transaction Junior Mining Network … Continue reading →
ASX-listed Consolidated Zinc has applied to be exempted from the Mexican government’s decision to suspend all non-essential services until the end of May, in zones where Covid-19 cases have been identified.
The miner on Wednesday said that the Aldama …
Consolidated hopes for exemption in Mexico Read More »
A scoping study into the Cape Ray gold project, in Canada, has found that the project could produce some 504 000 oz of gold over a seven-year mine life.
ASX-listed Matador Mining on Wednesday told shareholders that the scoping study estimated an init…
Canadian gold proves up for Matador Read More »
