De Beers unfazed by diamond sales decline
By GIFT NDOLWANE JOHANNESBURG - THE De Beers Group of Companies is undeterred by a drop in diamond revenues during the second sale of the year. Sales during the period were US$545 ...
Read More »GoldFields shares surge after industry recovery
By GIFT NDOLWANE JOHANNESBURG - GOLD Fields Limited advised shareholders earnings per share (EPS) for the twelve months ended December 31 2016 (FY 2016) are expected to be between ...
Read More »Petra revenues, diamond output up
By GIFT NDOLWANE JOHANNESBURG - PETRA Diamonds has recorded a revenue increase of 48 percent to US$228,5 million for the six months ended December 31 thanks to increased sales vol ...
Read More »De Beers propose partnerships to defy recession
By GIFT NDOLWANE JOHANNESBURG - DE Beers Group Chief Executive Officer, Bruce Cleaver, has called on the diamond sector to work together to overcome the volatility experienced in ...
Read More »Gold Fields Kirkland transaction halted
GIFT NDOLWANE JOHANNESBURG - DISCUSSIONS between Gold Fields Limited and Silver Standard Resources over the acquisition of Kirkland Lake Gold have stalled. This has put paid to th ...
Read More »Companies rewarded for transforming property sector
GIFT NDOLWANE JOHANNESBURG - THE South African Institute for Black Property Practitioners (SAIBPP) has recognised a number of companies for commitment to driving transformation in ...
Read More »Anglo American completes sale of operations to Sibanye
GIFT NDOLWANE JOHANNESBURG - SIBANYE Rustenburg Platinum Mines Proprietary Limited has acquired Anglo American Platinum’s Rustenburg operations in South Africa for R4,5 billion. S ...
Read More »GOLD Fields extends Ghana mine lifespan
GIFT NDOLWANE JOHANNESBURG - GOLD Fields, the diversified producer of the precious metal, is investing US$1,4 billion to extend the lifespan of the Damang mine in Ghana. The lifes ...
Read More »Ding announced new CoAL director
GIFT NDOLWANE JOHANNESBURG - COAL of Africa Limited (CoAL), the emerging exploration, development and mining company operating in South Africa, has announced the appointment of Sh ...
Read More »No revenues but CoAL upbeat of turnaround
GIFT NDOLWANE JOHANNESBURG - COAL of Africa generated no revenue for the full year ended June 30 owing to care and maintenance during the period but officials believe they are on ...
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