Thursday, September 20, 2018

The proposed merger has been held up by a liquidation order by JIC Mining against PhokaThaba, a subsidiary company of Platinum Australia.

Diamond producer Trans Hex has reported a first half headline loss per share of 97.2 cents after posting earnings per share of 7.7 cents in the first half of last year.

West Africa's Sierra Leone said it required $1bn in funding to cover the cost of the Ebola virus, according to the country's finance minister.

African Barrick, which mines about 700,000 oz/year in gold from Tanzania, would seek a deal to take output to one million ounces/year in 2015.

Matthias Wellhausen has resigned as CFO of ArcelorMittal South Africa effective from March 15, the company said.

Royal Dutch Shell may only drill for petroleum off South Africa's northwest coastline two years later than planned owing to regulatory uncertainty.

White Rivers Exploration, a privately-owned company, has signed an agreement aimed at developing gas at Helibron and Kroonstad in South Africa's Free State.

NUMSA affiliate said it would ignore an interdict obtained by Eskom banning its workers from going on strike.

Walter Chidakwa, Zimbabwe's mines minister, said the country was under pressure to resume chrome exports, but doing so would discourage beneficiation.

Central Rand Gold has added another suitor to its ranks signing a memorandum of understanding with a fourth potential Chinese investor for a $150m offer.