Wesizwe awards shaft sinking contract
Wesizwe Platinum says it has awarded the Bakubung mine's shaft sinking contract to Aveng Grinaker-LTA Mining, following a tender process.
NewCo’s Platmin in healthy state
THE ramp-up problems that have beset Platmin are a thing of the past
according to Chairman Brian Gilbertson, who says the mine will achieve its
production target by year-end.
Keaton on the acquisition path
Keaton Energy says it is on the lookout for new assets, seeking acquisitions to
complement the company’s recent takeover of Leeuw Mining and Exploration.
Pallinghurst shows its hand on Platmin
Brian Gilbertson has shown why he delisted Platmin late last year, announcing
a consolidation of the company with Pallinghurst and the Bakgatla community’s
other PGM interests in the region.
Finance a challenge for junior miners
Despite steady commodity prices, financing remains a challenge for junior miners, a financing panel told the Reuters Global Mining and Metals Summit.
Tharisa bags R1bn debt, quadruples mine output
Tharisa confirmed debt facilities of R1bn, which will help it put its chrome and
PGM mine on the map ahead of a possible listing.
Coal prices to keep head above water
India and China demand for coal would help keep prices above $100/t which Anglo
Coal Thermal CEO, Norman Mbazima, said was "not great" but still profitable for the
company.
Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.
Randgold’s Malian assets operational
Randgold Resources CEO Mark Bristow says the company's operations in Mali are
operational, adding that conditions in the country are returning to normal.
Mali neighbours mull sanctions to oust junta
Sanctions or even direct force would be used to eject the military junta that last
week deposed Mali's government.