Chrome mine in Karo Mining ‘master plan’ due by October
KARO Mining Holdings, the company that has undertaken to invest $4.2bn building Zimbabwe's largest platinum group metal (PGM) facilities by about 2023, aims to...
Sotic International’s David Brown targets “significant” role in Zimbabwe’s gold industry
DAVID Brown, the former CEO of Impala Platinum, said his new company intended to become "a significant player" in Zimbabwe's gold sector and had...
NAMF in crisis talks to save $120m fund
The New Africa Mining Fund is in talks that could result in a restructure of its second $120m venture capital fund.
Glencore M&A doesn’t mean miners have returned to old ways
DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...
ARM warns of lower earnings as PGM price correction weighs on...
AFRICAN Rainbow Minerals (ARM) said headline earnings for the first six months of its 2022 financial year had been affected by an adjustment to...
Aquarius’ R1.25bn Booysendal deal on the brink
It's been two years since Northam Platinum agreed to sell Aquarius Platinum 31
million ounces contained in Booysendal South in which time DMR approval has been
pending.
ANC mines study rejects assets grab
A study commissioned by the ANC has rejected calls for mine nationalisation and come out in favour of higher taxes and royalties, reports Business Day.
Perseus extends Edikan mining six years after incorporating $31m Esuajah South...
PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2...
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.
West Wits asks for chance as Florida, Soweto oppose mining
ALL West Wits really wants is "a fair go" at mining responsibly, chairman Michael Quinert said on Thursday.
He was addressing a media briefing to...