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Author: TEPE

Rio Tinto partying like its Christmas

Rio Tinto’s (ASX, LON:RIO) investors will be celebrating Christmas in February, as the miner is giving them a $4 billion special dividend, or $2.43...

Barrick, Newmont step up game to sway top investors

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies...

RBZ calls on miners to increase production

The Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya, has called on miners to ramp up production to compensate for potential declines in mineral...

Gold near two weeks lows as dollar rebounds

Gold prices today held near two-week lows touched in the previous session as the dollar rebounded after cautious comments from U.S. Trade Representative Robert...

skom’s Molefe ‘stonewalled’ Glencore South Africa, ex-CEO Says

South Africa’s state-owned power utility refused to renegotiate a coal deal with a mine owned by Glencore Plc’s local unit and tried to penalize...

SA platinum producers asked court to block strike

South African platinum producers, the world’s biggest miners of the metal, have asked a court to block a planned strike by one of the...

Tonnes of gold lost through illegal market

ZIMBABWE is producing close to 100 tonnes of gold, but the bulk of that is being lost to the black market as small-scale miners,...

Artisanal miners not adhering to mining regulations

AN Environmental Management Agency (EMA) official has accused artisanal miners of not adhering to mining regulations and interfering with water channels, resulting in avoidable...

Gold steady while palladium hovered near record peak

Gold prices were steady on Wednesday as the dollar stood near a three-week low after the Federal Reserve’s chairman reiterated the U.S. central bank...

Coal production to increase

PRIVATE coal miner Makomo Resources says it expects to produce 350 000 tonnes of coal per month this year on the back of an...

USD, RTGS Bank exchange rate impacts operations: Mahlahla

Yesterday the Zimbabwe Miners Federation (ZMF) National Chrome Representative Mashonaland Central ZMF chairperson Masango Mahlahla presented a seven point grievance list at the ZMF...

De Beers merges Canadian, South African assets

De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The...

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