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Zimbabwe hands platinum concession to firm linked to Nigerian billionaire

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ZIMBABWE'S plan to accelerate the development of its platinum group metal (PGM) sector has taken another turn with the country awarding a concession to...

Lonmin’s gossamer-like link with solvency for all to see

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THEĀ gossamer-like nature of Lonmin's connection with solvency was made plain again today after the platinum group metals (PGMs) company confirmed that its restructuring plans...

Pan African says Mintails can transform West Rand’s abandoned gold district

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PAN African Resources thinks its R2.5bn Mintails project, due to kick off in June, can transform social conditions in the west Rand hotspot. "The...

What another term of Gwede Mantashe means for mining

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The reappointment of Mantashe as Minister of Mineral Resources and Energy has elicited mixed reactions, however. Mantashe took the reins of the mining portfolio...

Randgold pulls out of Obuasi JV with AngloGold

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Randgold Resources has withdrawn from an agreement to mechanise Obuasi, the Ghana gold mine that saw owner AngloGold burn $300m a year.

No bias in Sishen rights case, says Nogxina

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The department of mineral resources has not been biased in its dealings on the Sishen mining rights, says director general Sandile Nogxina.

Glencore’s SA coal slumps a third on Optimum closure

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SWISS-headquartered trading and mining group, Glencore, produced 14% less coal in the six months ended June 30, equal to 9.9 million tonnes (mt), owing...

Harmony confident 400,000 oz/y growth within its capability

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HARMONY Gold was confident it could add about 400,000 ounces in new annual production through corporate action with one potential transaction being actively pursued. "We...

AngloGold’s Dushnisky appointed chairman of World Gold Council as bullion soars

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KELVIN Dushnisky, CEO of AngloGold Ashanti, has been appointed chairman of the World Gold Council, the organisation said in an announcement. Dushnisky succeeds David Harquail...

Northam applies wage deal at Booysendal

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Northam Platinum has applied a wage deal between its mining contractor and unions, including AMCU, at its Booysendal mine.