Ferrox appoints HSBC as adviser
Iron ore junior Ferrox Holdings has appointed HSBC as its financial adviser in
raising capital for the development of the group’s Tivani project in Limpopo.
Perseus Mining boosts interim net profit, lifts cash despite $99m capital...
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share.
The year-on-year improvement...
Mantashe says way clear for investors as SA mining regulations derisked
GWEDE Mantashe, South Africa's mines minister, declared South Africa had ironed out its long-standing regulatory uncertainties, but he warned new investors that the days...
RBPlat to tap market for up to R1.4bn after agreeing Maseve...
ROYAL Bafokeng Platinum (RBPlat) has agreed to buy the Maseve mine from Platinum Group Metals (PTM) for $74m (R955.5m) in shares and cash with...
Venkat bullish on deal with labour, Govt
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, expressed optimism that South Africa would solve the labour protest and violence at its mines.
De Beers to cut Finch staff by 40 pct
De Beers is to retrench 350 of the 870 workers at its Finch diamond mine in South Africa.
Vedanta registers lower half-year base metals output at Zambia, SA
METAL production at Vedanta's Zambia copper operations recovered about a fifth in the second quarter, but it was not enough to prevent a hefty...
Amplats reinstates Mototolo employees as strike end puts focus on production
ANGLO American Platinum (Amplats) said it was focusing its efforts on returning its Mototolo mine to full production as quickly as it was "practical...
Endeavour hoping for re-rating as sets sights on payout improvement, organic...
ENDEAVOUR Mining's operating target this year was brownfields expansion and resource renewal, said Sébastien de Montessus, the group's president and CEO.
"Given the significant potential...
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.