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LATEST Mining companies, investment and exploration  

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

16 Sep 2019 /  Yadarisa Shabong and Barbara Lewis, Reuters  
Weak demand in Asian markets weigh on profits.

AngloGold Ashanti, B2Gold in deal over Colombia project  

16 Sep 2019 /  Tanisha Heiberg, Reuters   
B2Gold will fund the investment and exploration of the project.

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

12 Sep 2019 /  Paul Burkhardt, Bloomberg   
The rule came into effect in January.

Mining output rises for first time in nine months

12 Sep 2019 /  Prinesha Naidoo, Bloomberg  
Production for coal and iron ore surge.

AngloGold’s last SA mine is luring potential buyers

6 Sep 2019 /  Felix Njini and Loni Prinsloo, Bloomberg    1
Harmony Gold and Sibanye Gold are already in line - sources.

Impala Platinum swings to profit, delays closure of shafts

5 Sep 2019 /  Tanisha Heiberg, Reuters   
Surging metal prices help struggling miners.

Impala Platinum delays job cuts due to improved earnings – sources

5 Sep 2019 /  Zandi Shabalala and Tanisha Heiberg, Reuters  
Improved operations, higher prices reportedly boost profit.

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

3 Sep 2019 /  Mark Burton, Bloomberg   
Copper tumbles to the lowest since mid-2017.

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

2 Sep 2019 /  Eileen Soreng and Sethuraman N R, Reuters   
Consumers are buying back into the market before cobalt gets too expensive, trader says.

Sibanye-Stillwater confirms first-half loss

29 Aug 2019 /  Tanisha Heiberg, Reuters    1
The five-month long strike at its gold operations weighs on profits.

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

28 Aug 2019 /  Thomas Biesheuvel, Bloomberg   
Diamond sales decline by 44%.

Strike action pushes Sibanye into red in the first half

27 Aug 2019 /  Tanisha Heiberg, Reuters    1
Sibanye-Stillwater flags headline loss of 54cps for the six months to June.

Seriti may turn to equipment makers as coal IPOs shunned

27 Aug 2019 /  Paul Burkhardt, Bloomberg   
Potentially delaying the listing.

Northam Platinum FY profit soars

23 Aug 2019 /  Tanisha Heiberg, Reuters   
Higher metal prices, low costs and 'solid' performance helps miner.

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

22 Aug 2019 /  Chris Mfula, Reuters   2
Zambia is just waiting for court processes to conclude.
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