ANC opposition to free enterprise has crippled junior mining
THE South African junior mining sector is broken and is impossible to fix under current circumstances. That’s according to Paul Miller, MD of mining...
Era of mega-projects is over as lenders detail investment criteria
INVESTORS are willing to put money into exploration projects, but only under certain circumstances, funders said at the 2018 Junior Indaba on Tuesday.
In a...
Mining Charter talks to enter last – and most perilous –...
DETAILS of South Africa's new Mining Charter negotiations are starting to emerge, the latest being those disclosed by the country's deputy mines minister, Godfrey...
Govt asks miners for turnover-based donations to junior fund
SOUTH Africa's Department of Mineral Resources (DMR) has approached the country's mining sector to contribute a portion of its turnover to a junior miner...
Does mining’s ‘dirty, unsafe’ reputation harm valuations?
GENERALLY speaking, mining stocks trade at a discount to the market, even the powerful ones that rank highly on the Johannesburg Stock Exchange such...
Mining Charter finalisation waiting on ‘Meeting of Principals’
SOUTH Africa's mining sector will schedule a crucial 'Meeting of Principals' consisting of central industry figures including the country's mines minister, Gwede Mantashe, and...
Sibanye mulls $600m liquidity lift amid “unwarranted” share slide
SIBANYE-Stillwater is considering raising up to $600m in additional funds and working capital in an effort to deleverage its balance sheet which it acknowledged...
S&P upgrades Glencore rating despite higher risk African assets
GLENCORE'S credit rating was improved by S&P Global Ratings in an assessment that takes a sanguine view of the political risk currently making headlines...
Kore Potash appoints former Newcrest, Gold Fields GM as CEO
LONDON- and Johannesburg-listed Kore Potash today unveiled former Newcrest mining engineer, Brad Sampson, as its new CEO after incumbent, Sean Bennett, announced earlier this...
Miller hoping mining expansion can attract monied investors
IT’S an historical quirk of South Africa’s mining sector that exploration for new minerals and metals has been the responsibility of the mining houses,...