Home News

News

Merafe Resources cuts dividend, warns of pressures as works through Rustenburg...

0
FERROCHROME producer, Merafe Resources, reduced the total dividend following a full-year loss for its 2019 financial year - results it acknowledged were "underwhelming", and...

Resgen goes for it in the Waterberg

0
Australian junior Resource Generation has big plans for its proposed coal mine in the Waterberg but success will depend on solving critical railway and port infrastructure bottlenecks.

No end in sight to Collahuasi strike

0
Most striking workers at Collahuasi copper mine are staying on the picket line despite management's prediction that many would abandon the walkout.

Business rescue practitioners: sinners or the more sinned against?

0
TWO controversies currently underway in South Africa’s mining sector have thrown into question the role played by business rescue practitioners (BRPs). It’s not the...

South32 writes down $1.7bn, cuts manganese

0
The group also announced it would write down its South African energy coal book for $400m and that it would cut 620 jobs at its Northern Cape manganese mine.

Goldplat parts ways with CEO, Kisbey-Green following failure to fund Kilimapesa

0
GOLDPLAT CEO, Gerard Kisbey-Green, as resigned from the company after a four-year stint in which time the company has achieved profitable gold mining in...

Petra defers refinancing as diamond prices slide yet again

0
PETRA Diamonds has embarked on a fresh round of restructuring at its South African mines and has deferred a refinancing plan to this year. This...

AMCU deal imminent, but job losses inevitable

0
Amplats CEO, Chris Griffith, said the 10-week strike almost certainly involved more job losses but added that he felt a wage deal was around the corner.

CoM lauds Shabangu in rankings success

0
Bheki Sibiya, CEO of the Chamber of Mines of South Africa, said South Africa's much improved ranking in the Fraser Institute study into political risk was down to the efforts of mines minister, Susan Shabangu.

SA union calls on resignation of Eskom management, board after COO...

0
ESKOM'S board and senior management ought to resign after its COO, Jan Oberholzer, was cleared of wrongdoing, said Bloomberg News citing the South African...