Merafe shuts more furnaces over power
Merafe and Xstrata’s chrome venture will temporarily shut down another two of
its 20 furnaces in an extension of its power buy-back deal with Eskom.
Amplats agrees five year wage deal with AMCU
ANGLO American Platinum (Amplats) has agreed a new five-year wage deal, said Bloomberg News citing the Association of Mineworkers & Construction Union (AMCU).
The deal...
Uranium price revives as fears mount about COVID-19 impact on concentrated...
THE price of uranium has been on the increase in the past two weeks owing to the potential disruption to supply which is divided...
Johannesburg’s born again miner Blyvoor Gold may seek listing
BLYVOOR Gold, the company that bought the 81-year old Blyvooruitzicht gold mine out of liquidation, is considering listing the company, its executive chairperson said.
"We...
Orion wins loan extension in order to focus on exploration
This article has been corrected to show the placement with a lender was at a premium, not a significant discount as previously reported.
ORION Minerals,...
Jury out on Eastplats
There has been mixed reaction to Eastern Platinum’s March quarter results during which it broke even despite lower production thanks to rising platinum group metal prices.
Miners boosted as Eskom tariff increases slashed
The South African mining industry has granted a massive boost as Eskom has its
annual tariff increase for the 2012/13 year reduced to 16% from 25.9%.
Froneman says 10% share boost sign PGMs near price inflection
SHARES in Sibanye-Stillwater climbed about 10% in Johannesburg on Thursday following a positive bump in platinum group metal prices.
The palladium price increased to $1,032.97...
Centamin 2018 gold production to fall below adjusted 480,000 oz production
CENTAMIN closed the year with disappointing news saying its Sukari gold mine in Egypt would produce approximately 2% less gold than stated in guidance...
Smelter rebuild caps bad year for Northam
Northam Platinum's miserable year took another turn for the worse with the firm saying it would have to rebuild a furnace at its Zondereinde smelter.