Kumba “registered interest” in taking stake in Transnet, says CEO Themba...
KUMBA Iron Ore has registered an interest in taking a stake in Transnet, South Africa's government-owned freight and logistics company.
"Transnet is obviously looking at...
Northam moves into net debt of R1.7bn as drives expansion
CASH burn at platinum firm, Northam Platinum, accelerated in the six months ended December taking it into a net debt position of some R1.7bn...
Botswana’s mining output to offset worst economic effects of COVID-19 lockdown
BOTSWANA'S economy would shrink as much as first feared this year owing to better-than-expected mining output and a shorter lockdown, said Reuters which cited...
Xstrata nears Colombian coal miner deal
Xstrata is close to winning the $8bn auction for Colombia's second-biggest coal miner, reports British newspaper The Sunday Times.
AMCU opposed to relaxation of lockdown measures arguing worker safety paramount
THE Association of Mineworkers & Construction Union (AMCU) was opposed to an early resumption of mining saying that concern about the economic status of...
Former Amplats boss, Chris Griffith, favourite to take over as CEO...
CHRIS Griffith, the former CEO of Anglo American Platinum (Amplats), is being lined up to take over at Gold Fields, according to market speculation.
Griffith...
Canadians, Chinese in SA rare earth deal
Great Western Minerals is teaming up with a Chinese rare earth producer to build a rare earth processing plant in the Western Cape.
New entity for Gold One’s Megamine
Australia and JSE-listed mining junior Gold One is set to proceed with spin-off plans for its Megamine assets.
Angola bids for Anglo American’s De Beers stake
ANGOLA has submitted an offer to acquire Anglo American's majority stake in De Beers, joining a growing list of potential suitors that includes neighbouring...
SA to get R10bn tax-take lift from mining in 2019 despite...
ROCKETING platinum group metal (PGM) prices, especially palladium, is good news for the South African government as well as for shareholders of the companies...