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ResGen secures haulage deal with TFR

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Resource Generation has some comfort it can haul coal from its proposed Boikarabelo mine, but the conditionality of the deal means it can't yet raise capital against it.

Genorah to keep Nkwe stake

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Nkwe Platinum says the equity stake of its major shareholder, Genorah Resources, is safe following the lapse of a security lending agreement.

How might Trump’s tariffs affect the global metals sector?

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THE US government confirmed in February its intention to remove all exemptions and restore section 232 import tariffs on steel (25%) and aluminium (25%,...

Strike starts at Northam, stalls at Exxaro

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A strike has started at Northam Platinum, but new wage negotiations at diversified miner Exxaro are continuing.

Glasenberg’s rebuffs calls to lift Xstrata bid

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Glencore's Ivan Glasenberg said he hoped people would review the numbers and see his firm's $36.3bn bid for Xstrata truly represented a merger of equals.

Raising cash “extremely awkward”: Goodlace

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Impala Platinum CEO, Terence Goodlace, said it was "extremely awkward" raising money into today's market and productivity was becoming an "urgent" problem.

Stirrings in uranium market offer faint hope to Paladin

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AMID emergency financial surgery at Paladin Energy, the Australian-listed firm's CEO, Alexander Molyneux, sought to look at the positives saying there were signs the...

Miners may test SA Govt’s BEE charter in court

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End-March currently stands as a critical moment for the SA mining sector as a government report about the status of the 10-year BEE process falls due.

Petra Diamonds lays out new $100m/y expansion plans

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PETRA Diamonds on Thursday detailed expansion plans for its Finsch and Cullinan mines in South Africa in which production is projected to between 3.4...

Vedanta scores victory after Zambian Court of Appeal stays liquidation of...

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THE winding up of Konkola Copper Mines (KCM) was stayed by a Zambian court on November 20 allowing the company's shareholders, Vedanta and Zambia's...