Political interference threatens mining deals, warns BHP
GROWING government intervention in critical mineral resources is making mining acquisitions increasingly complex and costly, according to BHP's chief development officer.
In an interview with...
Sibanye confirms Cooke 4 may restructure
Sibanye Gold hoped to avoid large scale retrenchments at its Cooke 4 shaft as it had avoided significant losses when restructuring at Beatrix West in 2013.
Strike starts at Northam, stalls at Exxaro
A strike has started at Northam Platinum, but new wage negotiations at diversified miner Exxaro are continuing.
Mantashe sets new deadline for SA’s long-delayed cadastre
THE winning bidder to provide South Africa with a long-awaited mining cadastral system will be announced before the end of October – if all...
Desperate Aquarius’s share price tumbles
Aquarius Platinum’s earlier warning that its interim figures would be less than flattering
has not prepared the market for the severity of the predicaments the group is facing.
Acacia Mining minorities can’t afford to turn down Barrick’s Tanzania proposal
THE hullabaloo that followed Barrick Gold’s $18bn hostile takeover proposal of Newmont Mining, now withdrawn after the two firms agreed to pool their Nevada...
Kore finally lands EPC contract as China commits $1.93bn
SHARES in Kore Potash yo-yoed on Wednesday after the firm concluded its long-awaited engineering, procurement and construction contract for Kola, a 2.1 million ton...
Resgen chairman Xate “senses momentum” as R4.2bn Boikarabelo funding nears conclusion
RESOURCE Generation's (Resgen's) long-standing efforts to secure the balance of some R4.2bn in funds required to build its Boikarabelo thermal coal mine may reach...
Orion clinches watershed $250m deal with Glencore
ORION Minerals finally has liftoff on its Prieska Copper Zinc Mine after unveiling today a major financing and offtake deal with Glencore of up...
Are banks becoming coal-curious? Mike Teke thinks so
ONE sign coal's reputation is being gradually rehabiliated is that banks and insurers are becoming interested in the the mineral again.
"I think people are...