Mantashe signals DMRE intends to remain flywheel in embedded generation process
SOUTH African mines and energy minister, Gwede Mantashe, invited mining companies to submit plans to build power facilities, saying today his department the...
Implats to delist RBPlat after acquiring more than 90% in RBPlat
IMPALA Platinum (Implats) is to delist Royal Bafokeng Platinum (RBPlat) after acquiring more than 90% of the company in a cash and shares takeover...
Implats closes in on control of RBPlat after taking stake to...
IMPALA Platinum (Implats) edged closer to outright control of Royal Bafokeng Platinum (RBPlat) announcing today the acquisition of further shares.
The company now owns 40.46%...
Gold miners “monitoring” Mali foment after president resigns amid reports of...
B2GOLD said production at its flagship Fekola mine in Mali had been unaffected by the political crisis that deepened overnight with the resignation of...
Sibanye searching for 10 miners after Driefontein fall of ground
THE safety-related problems Sibanye-Stillwater said were a feature of its South African operational performance during the March quarter may be developing into disaster after...
Amplats to cut 420 managerial jobs as market bites
The consolidation of Anglo American Platinum's operations, and a deteriorating platinum market, has meant some 420 jobs are surplus to requirements.
Gold rebounds but heads for weekly loss
Gold was heading for a weekly loss as investors digested plans by US President Barack Obama to spur economic growth which could dent bullion's safe-haven appeal.
B2Gold targets $200m year-end reduction in total debt as Fekola benefits...
B2GOLD forecast total cash generation of $450m for the 2018 financial year which closes on December 31, and to have lowered total outstanding debt...
Acacia net cash restored after posting solid first half production
ACACIA Resources all but restored its net cash balance to safer levels following second quarter gold production which totalled 133,778 ounces which means the...
DRDGOLD posts 17% earnings lift amid record rand gold price
AN increase in gold production and the higher price of the metal combined to produce a 17% increase in DRDGOLD's first quarter pretax earnings...