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Mining Indaba 2016

DRDGold in R450m extension of Ergo

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DRDGold is picking through a conceptual study aimed at extending production at Ergo by up to 20 years.

Davies kickstarts fuel cell plan for Rustenburg

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Rob Davies, trade and industry minister, said participants in a fuel cell technology initiative for Rustenburg would benefit from tax breaks.

AMCU will reject centralised PGM wage talks

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The Association of Mineworkers & Construction Union would reject any approach to centralise this years platinum industry wage talks.

Lonmin cash flow positive helped by rand slide

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Ben Magara, CEO of Lonmin, said the company was producing positive cash flow following a restructuring and helped by rand denominated revenues.

Anglo Platinum cuts back again

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Anglo Platinum wants to sell its 50% stake in Kroondal and the obvious buyer is Sibanye which now owns the other 50% through Aquarius Platinum.

Market freefall obscures Anglo efforts: Cutifani

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Mark Cutifani, CEO of Anglo American, said it was "frustrating" the mining market was falling so fast that $1bn in group improvements could not be demonstrated.

“We gave Obuasi our best shot”: Bristow

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Mark Bristow, CEO of Randgold Resources, said AngloGold couldn't convince him to invest in Ghana's Obuasi because it could not become a world class mine.

Zwane seeks out of court charter deal

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South African mines minister, Mosebenzi Zwane, believed the contentious 'once-empowered, always-empowered' dispute would be settled out of court.

Surge in Amplats shares justified: Griffith

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Anglo Platinum shares are up 70% this year and that move is justified according to CEO Chris Griffith although he cautions over "volatile" conditions.

CoM looking to move forward with Zwane

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The Chamber of Mines of South Africa said it was possible it could "do business" with the newly appointed mines minister, Mosebenzi Zwane.