MC Mining shuts gates to discourage looting spreading to Uitkomst mine
MC Mining, a coal miner operating in South Africa's KwaZulu-Natal, said today it had temporarily suspended operations at its 70%-owned Uitkomst mine owing to...
Sibanye cuts Stillwater rights issue to $1bn as conditions improve
SIBANYE Gold confirmed today it had received US regulatory approval for its $2.2bn bid for Stillwater Mining and said it would restrict the rights...
Hostile Newmont merger proposal created conditions for Barrick JV
MARK Bristow, CEO of Barrick Gold, said the firm’s hostile takeover bid for Newmont Mining may have been conducive to creating a platform for...
Lucara Diamond suspends dividend after unveiling $514m Karowe life expansion
LUCARA Diamond Corporation has given the green light to the underground expansion of the Karowe mine in Botswana, a development that would extend mining...
SA gold sector strike halted … for now
A strike by the AMCU due for January 23 was suspended but not yet interdicted as the Labour Court pondered a decision expected on January 30.
Atlatsa still in financial limbo
Atlatsa is still not in a position to publish its interim financial results as discussions on its future continue with Anglo American Platinum
AngloGold appoints former BHP executive, Alberto Calderon as CEO from September
ANGLOGOLD Ashanti has ended its 10-month search for a permanent CEO, appointing today the former BHP executive, Alberto Calderon.
Calderon will take up his post...
Glasenberg bats away SA risk, Anglo bid
Ivan Glasenberg, CEO of GlencoreXstrata, said South African political risk was "not that bad" and implied speculation it would bid for Anglo was wrong-headed.
South32 cautious on SA manganese sales despite record first quarter production
SOUTH32 reported record quarterly manganese ore production from its South African mines, but said sales were kept lower ahead of a planned shutdown.
Saleable production...
Coal mining, PGM processing permitted to continue during 21-day lockdown: Mantashe
SOUTH Africa's coal mines and processing facilities operated by platinum group metal (PGM) producers would continue to operate, albeit at reduced levels, during the...