Africa
Lonmin sees salvation, launches $407m rights issue at only 1 pence per share
Lonmin’s Marikana mine concentrator plant. South African platinum producer Lonmin (LON:LMI), the world’s third largest, avoided Monday becoming the biggest casualty of the commodity...
Africa
Telferscot Resources announces intent to sell its interest in Kolwezi Copper Corp.
Telferscot Resources Inc. (CSE:TFS) ("Telferscot" or the "Company") is pleased to announce that it has entered into a Letter of Intent (the "LOI") to...
Africa
Anglo reshuffles top management team, waves iron ore boss good-bye
Anglo reshuffles top management team, waves iron ore boss good-byeAnglo American’s chief executive Mark Cutifani (Image from archives) Anglo American (LON:AAL) announced Thursday major...
Africa
The NEXIM Bank and The World Bank to Collaborate on Developing Nigeria’s Mining Sector
“…The clear intention of The World Bank to collaborate with the NEXIM Bank towards a structured intervention in the Nigeria’s solid minerals sector is...
Africa
Semafo costs approaching $600 all in
Semafo gains into teeth of weak gold priceShares of Semafo Inc (TSE:SMF) defied a fresh slump in the gold price on Thursday, after announcing...
Africa
What do conflict minerals have to do with financial reform?
Seemingly minor regulation has enormous consequences: NCPA A small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the...
Africa
Platinum, palladium prices tank as investors flee
PGM market comes crashing downOn Friday, platinum and palladium futures gave up more ground as ETF investors liquidate positions in anticipation of further falls...
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