Home News

News

Southern Palladium raises A$19m in over-subscribed IPO ahead of JSE secondary...

SOUTHERN Palladium, a platinum group metal (PGM) exploration company, raised A$19m (R212m) in an initial public offering which it will put towards its Bengwenyama...

De Beers may have gained market share amid US-led sanctions on...

ANGLO American's 85% owned diamond subsidiary, De Beers reported provisional sales for its fourth cycle of $604m, nearly 7% higher than the previous cycle,...

Sibanye-Stillwater could offer unions “a back door” to end 10-week gold...

SIBANYE-Stillwater would provide unions with "a back door" in order to end the strike at the firm's gold mines which will have run for...

SA platinum production to fall below pre-Covid-19 levels in 2022 as...

THE platinum group metals (PGM) industry was facing the "stark reality" South African production would be lower this year than before the outbreak of...

Sibanye-Stillwater hoists first tons from R3.9bn Marikana K4 project

SIBANYE-Stillwater said it had hoisted the first tons of platinum group metals (PGM) ore at Marikana K4, a project developed by Lonmin before it...

1,500 jobs at risk if Somkhele mine not allowed to proceed,...

PETMIN said 1,500 employees would lose their jobs unless South African mines minister, Gwede Mantashe approved a mining licence and environmental management permit (EMPr)...

Anglo’s return to Zambia after 20 years puts Africa front and...

ANGLO American is to explore for copper in Zambia following a deal with junior miner Arc Minerals, said Reuters. The transaction, in which Anglo will...

Flywheel in SA’s Mining Charter is now inviting investors to Angola’s...

PROMINENT among the Angolan delegates at this year’s Mining Indaba is Jacinto Rocha - former deputy director-general of South Africa’s then Department of Mineral...

Caledonia Mining decides not to exercise option over Connemara North prospect

CALEDONIA Mining Corp. has decided not to exercise an option over Connemara North, saying in its March quarter announcement that the exploration property didn't...

PTM’s Japanese shareholder throws weight behind Waterberg Project

PLATINUM Group Metal (PTM) said it had received support from its Japanese partner JOGMEC to progress the Waterberg Project, a palladium-rich prospect in South...