Mantashe opens Mining Charter talks with characteristic obduracy
THE South African government was reluctant to reshape the Mining Charter following weekend talks between the country's mining sector and mines minister, Gwede Mantashe....
DRDGOLD to post higher interim share earnings thanks to 11% lift...
DRDGOLD said in a trading statement today it would report improved interim share earnings of between 59.5 to 68.1 cents which compares to share...
Northam Platinum reckons the metal will boom again
South Africa’s mines will produce perhaps 4 million ounces (moz) of platinum in total this year compared with a peak output of 5.5m oz...
AMCU postpones platinum wage pact signing as it was seeking further...
SOUTH Africa's platinum group metal (PGM) producers put the celebrations on hold today as the Association of Mineworkers & Construction Union (AMCU) said it...
High flying AngloGold redeems $471m in 2020 bonds
HIGH flying after a 22% recovery in the dollar gold price this year, AngloGold Ashanti has cancelled $471m in debt through the early redemption...
South Africa’s Transnet wins court approval to stop ports strike
STRIKE action at some of South Africa's ports with potential to disrupt coal exports was narrowly avoided on May 29 after Transnet won a...
Harmony Gold unveils R7.8bn in brownfield projects aimed at sustaining 1.4m...
HARMONY Gold today unveiled a host of gold extension projects that will sustain gold output at around 1.4 million ounces for the next seven...
Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
Barrick to relaunch Pakistan’s Reko Diq project as firm scans the...
BARRICK Gold has agreed with Pakistan and Balochistan, a province of the South Asian country to relaunch the Reko Diq copper-gold project - a...
Diamond price lift to bolster De Beers’ Gahcho Kué in 2018
A FOUR percent increase in diamond prices would provide a boost to diamond mines especially at the Northwest Territories operation Gahcho Kué which is...