Mick Davis’ Niron believes Zogota can unlock Guinea’s rich potential. JOHANNESBURG (miningweekly.com) – Mining luminary Mick Davis’s new company Niron Metals on Monday expressed the belief that the development of the Zogota iron-ore endowment in Guinea had the potential ...

Mick Davis' Niron to develop Guinea's Zogota iron-ore deposit. JOHANNESBURG – Niron Metals, headed by Mick Davis, on Monday confirmed in an email to Mining Weekly Online that a settlement had been reached between Guinea and Niron on mining concessions and licences...

Barrick sees Newmont merger as unprecedented value creator. JOHANNESBURG (miningweekly.com) – Gold mining company Barrick on Monday announced that it had made a proposal to the Newmont board of directors to merge with Newmont in an all-share transaction, saying...

Mpumi Zikalala to head De Beers managed operations. JOHANNESBURG (miningweekly.com) – De Beers Group has announced an initiative to consolidate its mining assets in South Africa and Canada into one business called De Beers Group Managed Operations. T...

AMCU strike action further undermines struggling gold, platinum sectors – Minerals Council. The Minerals Council South Africa on Friday expressed its concern about the consequences of The Association of Mineworkers and Construction Union’s (AMCU’s) planned secondary strikes at mining companie...

Wescoal appoints new CEO, reconstitutes board. He will take over from interim CEO Dr Humphrey Mathe, who took over the position following former CEO Waheed Sulaiman's resignation in January. Demana spent over 14 years at the forefront of investm...

Northam lifts H1 earnings, Booysendal on track for FY22 steady-state production. JOHANNESBURG (miningweekly.com) – JSE-listed Northam Platinum has reported normalised earnings a share of 108.5c for the six months ended December 31, 2018, compared with the 37.1c reported for the six...

Strike-hit but upbeat Sibanye confident of value uplift as precious metals shine. JOHANNESBURG (miningweekly.com) – Precious metals company Sibanye-Stillwater expressed confidence on Thursday that the global precious metals surge would enable it to deliver value despite the prolonge...

UG2 outperfoms as Sibanye-Stillwater positions for new world ­. JOHANNESBURG (miningweekly.com) – The soaring prices of rhodium and palladium have put new focus on the upper group two (UG2) reef, for long the poor cousin of Merensky reef in the hierarchy of platinu...

Is Anglo finally getting ready to join mining's buyback club? LONDON – Anglo American remains the only giant miner not buying back shares, but that doesn’t mean it’s not thinking about it. The world’s biggest producers, shunning growth and reluctant to launch ...