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NEWS
Petra Diamonds’ investors back restructuring
Struggling Petra Diamonds (LON: PDL) said on Wednesday its investors have approved plans to restructure the business, a move that aims to provide the miner with a...
Gem Diamonds to keep Letšeng running amid Lesotho lockdown
Africa-focused Gem Diamonds (LON:GEMD) said on Wednesday its iconic Letšeng mine in Lesotho will remain fully operational during a 14-day lockdown that comes into effect from midnight on Thursday.The...
Indebted Zambia pays $400m in VAT refunds to mining firms
Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head of the tax authority said on Wednesday, equal...
Rhodium price roars above $20,000 in precious metals’ biggest rally
Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as auto makers that need the metal to...
BREAKING: Rushwaya finally granted bail
Zimbabwe Miners Federation (ZMF) President Miss Henrietta Rushwaya has been finally granted bail. Madam President as she's popularly known has been granted $100 000...
Official gold buying prices Wednesday 13 January 2021
Fidelity Printers and Refiners (FPR) official gold buying prices Wednesday 13 January 2021SG 90% AND ABOVE $52.98/g
SG ABOVE 85% BUT BELOW 90%...
No debate required on EPOs
There must not be a debate on the granting of Exclusive Prospecting Orders (EPOs) because the basic concept of growing the mining industry is...
Don’t let a $10 filter bring down a $100,000 machine
Even the best oil filter is of no use if the gasket/O-ring seal or media is brittle. If you store it at the wrong...
Gold investors target ‘excessive’ executive payouts amid deals
Gold investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings, as soaring prices for the precious metal spur dealmaking.It...
Teranga exceeds guidance, achieves record production
Teranga Gold (TSX: TGZ) reported on Tuesday that it has exceeded its full year production guidance and achieved record annual production during 2020, marking the fifth consecutive...
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