citibanklatest news & developments
Resolute bolsters balance sheet with $140m in senior debt
RESOLUTE Mining has raised $60m in debt boosting its plans to expand gold production in West Africa where it currently operates two mines. Senior debt facilities were raised with…
Tharisa is latest PGM miner aiming to tap buoyant gold
THARISA is the latest platinum group metal (PGM) miner planning to tap the buoyant gold market. The JSE-listed firm is hoping a gold streaming deal will plug a hole in funding…
PGM miners face fight for survival if price downturn persists
A DASH for cash might be on the cards for South Africa’s haemorrhaging platinum group metals (PGM) sector if current spot prices persist for much longer. That’s the thinking of…
Zambia seeking equity partner for Konkola Copper Mines despite ownership dispute
ZAMBIA said it had started the search for an equity investor for its Konkola Copper Mines (KCM) even as a court case disputing its ownership is to be heard in January 2023. “The…