Anglo American launches R4.2bn Zibulo colliery
Anglo American has officially launched its Zibulo Colliery in Mpumalanga, the first major project to be completed under its empowerment company Anglo American Inyosi Coal.
Northam net cash R3bn after BEE approved
Paul Dunne, CEO of Northam Platinum, said it was an advantage the group beefed up its balance sheet following the 'unheard of' support for its BEE deal.
Lonmin recovering, but Magara elusive on after-capex cash
THERE had been less safety-related stoppages at Lonmin's platinum shafts in the fourth quarter, and that the benefits of its restructuring had gained traction,...
BHP, Rio investors want cash, not deals
Investors have written to BHP Billiton and Rio Tinto to say the miners should ditch ambitions for mega deals in favour of share buyback schemes, according to a report.
Liefferink prepares charges against AngloGold
Mariette Liefferink, head of the Federation for Sustainable Environment, says AngloGold Ashanti is guilty of allowing tailings dams to leak at its Stilfontein mine.
PTM to raise $25m for Maseve in latest bought deal
PLATINUM Group Metals (PTM), the Toronto-listed platinum development firm and producer, is to issue shares that will raise $25m which it will use to...
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
South32’s Mike Fraser positive on concluding sale of SAEC to Seriti...
SOUTH32 was "positively optimistic" it would complete the sale of its South African Energy Coal (SAEC) business to Seriti Resources by year-end, even though...
Acacia to “reach out” to Tanzania’s government as dispute turns toxic,...
ACACIA Mining said it planned to resume direct negotiations with the Tanzanian government following a "deeply concerning" escalation in tensions which have seen former...
Exxaro may distribute $850m stake in Tronox to shareholders
EXXARO Resources is to exit its 43.66% stake in Tronox, a titanium dioxide and alkali chemicals business, in order to focus on its core...