Former Implats boss skips retirement for chance to resurrect gold mines...
DAVID Brown’s association with Zimbabwe’s mining sector dates back to his six years as CEO of Impala Platinum (Implats) which ended in 2012. During...
Guinea to probe 3 mining firms
AngloGold Ashanti and RUSAL are among three firms into which the Guinea government will conduct an audit investigation.
Tharisa falls short of chrome output target, but Pouroulis looks beyond...
THARISA failed to compensate for a poor start to its 2019 financial year producing below guided chrome production of 1.4 to 1.5 million tons...
Coal of Africa raises $50m loan
Coal of Africa has secured a $50m loan from Deutsche Bank, which will allow the company to repay a $20m loan to JP Morgan and provide working capital for its operations.
DRC’s mining sector doubles revenue payments to $1.57bn in 2018
THE Democratic Republic of Congo’s (DRC's) mining sector paid $1.57bn in revenues to the government last year, up 91% on 2017, said Reuters which...
Shanta reports improved EBITDA for Q1 but hedge book well out...
SHANTA Gold posted first quarter earnings before interest, tax, depreciation and amortisation (EBITDA) of $15m compared to $8.6m in the previous quarter after adjusting...
AMCU to take increased wage offer to members
AMCU has agreed to take an increased offer by platinum producers to members today in a development that Impala Platinum said had left it "quietly optimistic".
Mboweni ends era of ‘hand-outs’ to Eskom with interest-bearing loans replacing...
GOVERNMENT is planning to modify Eskom’s capital structure and ultimately end the utility’s reliance on government support, according to the Medium-Term Budget Policy Statement...
Harmony Gold to delay Eva Copper project as seeks new permits
HARMONY Gold said it expected "a bit" of slippage on its Eva copper project after saying earlier this week permit authorisations would take "longer than...
PGM sector’s great unknown is whether Govt’s will grasp the nettle...
SOUTH Africans may not have enjoyed their personal liberty becoming subject to Government diktat, but at least the air smelled sweeter.
One consequence of the...