As we go to press, rebel fighters from the M23 group in the Democratic Republic of the Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km west, and claim they plan to march to Kinshasa, the…
Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…
Shares of Inmet Mining (IMN-T) are still climbing after it made two separate announcements yesterday, indicating it has turned down a second takeover bid from First Quantum Minerals (FM-T) and has adopted a shareholder…
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.
Rebel fighters from the M23 group in the Democratic Republic of Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km to the west, and claim they plan to march to Kinshasa, the country’s capital.
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.
The global economic recession caused platinum demand in the car and jewelry sectors to enter a cyclical downturn. However, a substantial supply reduction due to the labour strife in South Africa moved the platinum market from surplus to deficit…
Amara Mining (AMZ-T) has increased the scope and its understanding of the Baomahun project in Sierra Leone.
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit thanks to lower gold production and sales.
Canadian law firm Fasken Martineau is merging with Johannesburg-based Bell Dewar.
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