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Amplats lifts sales $100m post JM contract

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Anglo American Platinum said it had grossed at least $100m more in sales after ending its contract with Johnson Matthey by removing discounts.

Glencore, Eskom lock horns over failing Optimum

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Glencore said it would place the Optimum Coal Holdings, which controls the 5.5 million tonne/year Eskom mine, into business rescue as coal price talks fail.

SA Govt in “stand-off” with illegal miners at disused gold mine

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HUNDREDS of illegal miners may yet be underground at a disused gold shaft in South Africa's North West province, said Reuters describing what it...

Glencore keeps the beat on 2019 shareholder payouts, targets $1bn in...

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GLENCORE has targeted non-core asset sales of $1bn, the proceeds of which it would plough into a fresh round of buy-backs of $2bn (totalling...

Rockwell in fresh round of restructuring

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Rockwell Diamonds is to shut its Johannesburg office, send senior management to the Northern Cape operations, and curtail more production.

Eskom to lay criminal charges for coal contract with Tegeta Exploration

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ESKOM, the South African government-owned power utility, has laid criminal charges against Tegeta Exploration & Resources regarding a corrupt coal contract, said BusinessLive citing...

Chinese group confirms Gold One bid

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Gold One International has confirmed a consortium of Chinese investors wants to take control of the gold junior in a deal which will value it at around R4.4bn.

CoM, DMR seek centralised negotiation forums

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THE Chamber of Mines, together with the ministries of labour and mineral resources, are actively seeking a centralised negotiation forum for the platinum and gold industry.

DRC lifts mining ban

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The DRC government says it is lifting a six-month ban on mining in conflict-plagued east Congo amid condemnation by critics.

Madagascar ends suspension on mining permits

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MADAGASCAR has ended a 16-year suspension on issuing mining permits for most minerals, though gold licences remain frozen due to regulatory inadequacies, according to...