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Jubilee lifts share lock-up to allow partner to settle with creditors

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JUBILEE Minerals has agreed that its joint venture partner in the Kabwe zinc and vanadium project in Zambia can use shares it owns in...

Ivan Glasenberg weighing retirement from Glencore in “three to five years”

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IVAN Glasenberg intends to retire from Glencore in three to five years, said Bloomberg News which cited people familiar with internal discussions in the...

Coal output not disrupted at Exxaro’s Grootegeluk after fire

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EXXARO Resources said coal production at the Grootegeluk mine in South Africa's Limpopo province was not disrupted by a fire at the mine's reductants...

Minerals Council expresses “deep concern” over mine deaths this year

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THE Minerals Council South Africa said it noted "with deep concern" the increase in the number of fatalities among the country's mineworkers in the...

Kidnappings reported at Burkina Faso’s Burkinabe gold mine

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A SOUTH African national has been kidnapped in Burkina Faso, a day after three people including a South African working at a Burkinabe gold mine...

RBPlat secures R1bn increase in debt to fund R1.86bn purchase of...

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ROYAL Bafokeng Platinum (RBPlat) said it had secured an increase in existing debt facilities to R3bn from R2bn which was a pre-requisite to completing...

Buffalo Coal net loss increases as 2017 production falters

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BUFFALO Coal Corporation, a Johannesburg-listed miner of anthractite and bituminous coal from two mines in South Africa's KwaZulu-Natal province, reported a more than doubling...

Exxaro, Seriti lining up bids for South32’s SA coal business

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EXXARO Resources, a Johannesburg-listed coal producer, and unlisted company, Seriti Resources, were interested in bidding for a stake in South32's South African coal business,...

Cradle Arc seeks assets as rolls out plan for Mowana boost

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CRADLE Arc, formerly known as Alecto Minerals, was to increase output at its Botswana copper mine, Mowana, to 12,000 tonnes a year and was...

Kibo to sell nickel subsidiary in £200,000 all-share deal with Katoro

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KIBO Mining is to sell its nickel prospect to Katoro Gold in an all share transaction that will focus the UK-listed company on its...