Aquarius grabs Afarak
Aquarius Platinum will buy 74% of Afarak Platinum, which has new order prospecting rights to two properties in the Bushveld Igneous complex.
Chris Griffith confirms resignation from Vedanta
CHRIS Griffith has confirmed his resignation from Vedanta, the Indian company where he was appointed about two years ago to lead its base metals...
DiamondCorp fighting to stay afloat as Lace mine hits problems
COMPLICATIONS in ramping up production at the Lace diamond mine has forced DiamondCorp into urgent refinancing in order to remain a going concern.
It...
Mining pay rises outstrip productivity gains
MINERALS Council South Africa has warned wage increases are outpacing productivity improvements, attributing the disparity to overly strong union influence, according to a report...
Zimbabwe rejects all indigenisation proposals
Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.
Endeavour Mining extends Houndé gold reserves 25% after Kari exploration update
ENDEAVOUR Mining unveiled maiden indicated resources at its Kari West and Kari Centre exploration sites of one million ounces taking the total measured and...
Royal Bafokeng Platinum expects lower interim losses
Royal Bafokeng Platinum (RB Plat) expects to report a loss of between 10,5c a share and 13.5c a share for the six months to...
US court fines hedge fund Och-Ziff $135m for corruption in DRC...
MULTI-billion dollar hedge fund Och-Ziff has been fined $135m for corruption linked to mining projects in the Democratic Republic of Congo (DRC), according to...
Bushveld cuts debt, finances expansion in $22.2m capital raise
BUSHVELD Minerals raised $22.2m in a rights issue and said the proceeds would go towards the repayment of debt and the expansion of its...
