May 16, 2019 Sibanye-Stillwater plans to resume dividend payments in 2020 The company also expects to halve the amount of job cuts previously announced in the gold division to around 3,000.
May 16, 2019 Gold miner sues Zimbabwe central bank for not paying in dollars Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.
May 16, 2019 De Beers, Namibia to spend $468m on world’s first custom-built diamond searching ship The new vessel is expected to add about 500,000 carat a year of production capacity to Debmarine Namibia, a 50/50 joint venture between De Beers and the African nation's government.
May 15, 2019 Army puts backers off multibillion-dollar Zimbabwe platinum mine A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers.
May 15, 2019 Platinum firms gear up for tough South Africa wage talks A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.
May 15, 2019 Lonmin likely to cut fewer jobs due to revenue boost – CEO Higher prices for a basket of Lonmin's metals and a weaker South African rand helped the London-listed miner to an annual pre-tax profit in 2018, its first since 2013.
May 15, 2019 Ivanhoe Mines secures full financing for first two mines in Congo Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.
May 14, 2019 Barrick Gold prepping sale of Zambian copper mine in H2 The world's second largest bullion miner is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers.
May 14, 2019 South Africa’s Kumba Iron Ore sees higher H1 headline profit The company said on Tuesday first-half headline earnings is expected to rise at least 160%, boosted by higher iron ore export prices and a weaker rand/US dollar exchange rate.
May 14, 2019 White Metal to purchase four copper properties in Namibia The licenses the miner is acquiring cover historical copper-silver resources in the Kalahari Copper Belt and the Kaoko Belt.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
