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LATEST Mining companies, investment and exploration  

Petra Diamonds profit misses estimates, shares hit all-time low

Petra Diamonds profit misses estimates, shares hit all-time low
16 September 2019 / Yadarisa Shabong and Barbara Lewis, Reuters
Weak demand in Asian markets weigh on profits.
AngloGold Ashanti, B2Gold in deal over Colombia project  

AngloGold Ashanti, B2Gold in deal over Colombia project  

Tanisha Heiberg, Reuters / 16 September 2019
B2Gold will fund the investment and exploration of the project.
SA mine union says ballot rule to curb ‘wild strikes’

SA mine union says ballot rule to curb ‘wild strikes’

Paul Burkhardt, Bloomberg / 12 September 2019
The rule came into effect in January.
Mining output rises for first time in nine months

Mining output rises for first time in nine months

Prinesha Naidoo, Bloomberg / 12 September 2019
Production for coal and iron ore surge.
AngloGold’s last SA mine is luring potential buyers

AngloGold’s last SA mine is luring potential buyers

Felix Njini and Loni Prinsloo, Bloomberg / 6 September 2019
Harmony Gold and Sibanye Gold are already in line - sources.
Impala Platinum swings to profit, delays closure of shafts

Impala Platinum swings to profit, delays closure of shafts

Tanisha Heiberg, Reuters / 5 September 2019
Surging metal prices help struggling miners.
Impala Platinum delays job cuts due to improved earnings – sources

Impala Platinum delays job cuts due to improved earnings – sources

Zandi Shabalala and Tanisha Heiberg, Reuters / 5 September 2019
Improved operations, higher prices reportedly boost profit.
Copper hits two-year low as signs of global slowdown stack up

Copper hits two-year low as signs of global slowdown stack up

Mark Burton, Bloomberg / 3 September 2019
Copper tumbles to the lowest since mid-2017.
Glencore’s plans trigger cobalt price rally to six-month high

Glencore’s plans trigger cobalt price rally to six-month high

Eileen Soreng and Sethuraman N R, Reuters / 2 September 2019
Consumers are buying back into the market before cobalt gets too expensive, trader says.
Sibanye-Stillwater confirms first-half loss

Sibanye-Stillwater confirms first-half loss

Tanisha Heiberg, Reuters / 29 August 2019
The five-month long strike at its gold operations weighs on profits.
De Beers diamond sales keep falling as buyers allowed to say no

De Beers diamond sales keep falling as buyers allowed to say no

Thomas Biesheuvel, Bloomberg / 28 August 2019
Diamond sales decline by 44%.
Strike action pushes Sibanye into red in the first half

Strike action pushes Sibanye into red in the first half

Tanisha Heiberg, Reuters / 27 August 2019
Sibanye-Stillwater flags headline loss of 54cps for the six months to June.
Seriti may turn to equipment makers as coal IPOs shunned

Seriti may turn to equipment makers as coal IPOs shunned

Paul Burkhardt, Bloomberg / 27 August 2019
Potentially delaying the listing.
Northam Platinum FY profit soars

Northam Platinum FY profit soars

Tanisha Heiberg, Reuters / 23 August 2019
Higher metal prices, low costs and 'solid' performance helps miner.
Zambia determined to find another investor for Konkola mine – mines minister

Zambia determined to find another investor for Konkola mine – mines minister

Chris Mfula, Reuters / 22 August 2019
Zambia is just waiting for court processes to conclude.

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