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Barrick reports strong Q3 results, declares dividend

TSX listed Barrick Gold Corporation, which posted its third strong quarter in a row, said it was on track to deliver production at the higher end and costs at the lower end of its guidance ranges for the year. The company’s third quarter (Q3)...

South 32 progresses divestment of coal assets

JSE-listed South32 has entered into a binding conditional agreement for the sale of its shareholding in South Africa Energy Coal (SAEC) to a wholly-owned subsidiary of Seriti Resources, and two trusts which will acquire and hold equity on behalf of...
finding coal instead

MC Mining awarded mining right for Generaal project

The South African Department of Mineral Resources has granted a mining right to JSE-listed MC Mining for its 74% owned Generaal coking and thermal coal project located in the Limpopo province. MC Mining is a coal exploration, development and mining...

Letšeng’s mining lease renewed

LSE-listed Gem Diamonds CEO, Clifford Elphick, reports that the company has successfully renewed the mining lease for the Letšeng mine with the government of the Kingdom of Lesotho. This was revealed in the group’s operational and sales performance...