GEM may reassess 2016 guidance as snow storm batters Letšeng
GEM Diamonds may need to reassess its full-year guidance for tonnes mined and costs after "severe" weather conditions battered its Letšeng mine which is...
Resgen scores coup for Limpopo with R5.5bn Boikarabelo funding
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development company, said it had secured R5.52bn (A$515m) in finance to complete construction of the 12...
Cash back on table as SA miners make “return to earnings”
ANGLO American Platinum (Amplats) and Kumba Iron Ore (Kumba), the two listed South African subsidiaries of Anglo American, produced a combined R7.6bn in free...
Lucara fields inquiries “every week” for 1,111 carat Lesedi gem
LUCARA Diamond Corporation was receiving two to three inquiries per week from people interested in buying Lesedi La Rona (Our Light), a 1,111 carat...
Koko defends Eskom amid dispute with eight coal miners
WHEN Coal of Africa (CoAL) unveiled plans to takeover Universal Coal, an Australian-listed company operating in Mpumalanga province, it said this might be the...
Resgen sizing up Boikarabelo as IPP prospect in 2017
Exxaro Resources is expected to be one of two Independent Power Producers (IPPs) identified by the Department of Energy (DoE) in the first round...
Randgold takes beating, but vows to reach 1.25moz gold forecast
RANDGOLD Resources CEO, Mark Bristow, described the second quarter as "one of the toughest in years", but vowed to catch up on its 1.25...
SA banks “drop their pencils” on Eskom coal deals
SOUTH African banking sources have said Eskom's decision not to invest in new coal expansions has made it more difficult to fund energy security.
"We...
Rio to restructure Simandou for Chinese infrastructure
RIO Tinto said it would restructure the Simandou iron ore project in Guinea to "... facilitate access to infrastructure funding from China".
The Anglo-Australian group's...
Panaf to post earnings boost after Barberton, Evander raise game
PAN African Resources (Panaf) said higher gold production and a 21.6% increase in the average rand per kilogram price of gold would take full-year...