Implats warns of job losses, R2bn in lost revenue
Impala Platinum warned of dire consequences flowing from the six-week strike
at its Rustenburg mine, and said the strike was an attempt to destabilise the
company.
Botswana to lift coal rights moratorium soon
Botswana will lift a moratorium on new prospecting licences for coal, coal-bed methane and related minerals by the end of September, says a government official.
Andrada renews offtake agreement for tin, cuts deal for tantalum
ANDRADA Mining said it had renewed offtake agreements with Thailand Smelting and Refining Company for tin produced at its Uis mine in Namibia.
Anthony Viljoen,...
Menar aims to restore Kangra, ZAC after coal markets “destroyed” by...
COAL mines producing about 2.2 million tons a year (Mt/y) would not reopen until 2021 after being placed on care and maintenance earlier this...
Sibanye-Stillwater writes off “billions” as draws line under 18-year old Lonmin...
SIBANYE-Stillwater has drawn a line under an 18-year old black empowerment deal which it has restructured writing off billions of rands in the process.
In...
Mercuria, Techmet eye Congo tantalum project
GENEVA-based Mercuria Energy Group has discussed developing a tantalum project in eastern Congo's conflict zone with US-backed investment firm TechMet, contingent on the Trump...
AngloGold claims ‘intense competition’ for mines
AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.
CoAL opts for ‘Makhado lite’ after project rescope slashes capex 70%
COAL of Africa (CoAL), the Johannesburg-listed coal development and operating firm, has drastically reduced the scope of its Makhado thermal and coking coal project,...
Marketing focus to be feature of independent De Beers
DE Beers has amassed a stockpile of diamonds worth $2bn – the largest since the 2008 world financial crisis – following a period of...
Why investors are cautious of Glencore
INVESTMENT analysts attempting to parse the comments of Glencore’s fast-talking CEO Gary Nagle at the year-end results presentation in February had much to ponder.
Listening...