RIOZIM Limited workers say they are against the company being placed under corporate rescue as the successful reopening of Renco Mine following a landmark capital-raising exercise provided the much-needed funding to revive.
The strong gold price, which increased by 40% to average $3 434/oz, combined with higher production, resulted in a 52% increase in revenue and a significant uplift in free cash flow for.
Angola’s rough diamond production reached 10.7-million carats in the nine months to September, a government official said on Friday, as the country targets another record haul this year.
The southwest African country produced.
AUSTRALIAN energy firm, Invictus Energy Limited (Invictus) has revealed a powerful local consortium—comprising the Mutapa Investment Fund, the National Social Security Authority and other leading institutional investors — to support its Cabora.
Steel is the backbone of structural transformation.
It underpins capital formation in transport, energy, housing and industrial machinery while transmitting productivity gains to a wide constellation of upstream and downstream activities.
Zimbabwe once grasped.
Mali has revoked more than 90 mining exploration permits, including those held by subsidiaries of international mining companies, according to an official decree seen by Reuters.
Companies affected include local subsidiaries of Harmony.
The enduring resilience and diversification benefits of gold remain as relevant as ever amidst a growing investor base, dollar weakness and continued geoeconomic uncertainty, says World Gold Council asset allocation strategist Jeremy.
THE Karo Platinum Project capital expenditure (capex) has risen 6,45% to US$546 million to reach production, from the previous estimate released in April, driven by higher infrastructure, engineering, and processing costs.
The project.
Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kg of bullion since May, the company told Reuters, accusing some of its own.
LSE-listed Kavango Resources has confirmed an openpit gold deposit at the Nightshift prospect within its Hillside gold project, in Zimbabwe, following a maiden Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimation.
