Rockwell’s shares take a beating
Rockwell Diamonds’ shares have taken a smack as the mining junior reported a
$13m annual loss, with CEO James Campbell admitting the group’s turnaround
remained "a work in progress'.
Shanduka unfazed by market as Lonmin deal nears
Shanduka Group is edging towards the completion of a feasibility study into
whether to take control of Lonmin’s Limpopo division.
Implats workers return to work, but plan march
Impala Platinum's Lease Area mine in Rustenburg was operating today as workers
returned to work following rival union tensions. However, another march is planned
raising the prospect of further disruption.
First Uranium issues plea over asset sales
First Uranium’s chairman, Peter Surgey, has taken on one of the company’s
most outspoken shareholder critics over the proposed sale of the gold and
uranium miner’s key assets.
Softening in Section 54 onslaught
Government’s mine safety crackdown appears to have been softened since a
task-team comprising the Department of Mineral Resources, unions and
industry met last month.
SepFluor in R2.1bn finance drive
SepFluor has embarked on a fundraising drive to finance the development of its proposed R2.1bn mine and beneficiation plant outside Bronkhorstspruit.
Gold Fields cautious on output & yield promises
Getting to five million ounces annual production is the goal but when, and at what
cost, is not something any sane-minded gold executive is really going to guarantee.
Northam’s Zondereinde reports death of miner
Northam Platinum, which recently fought the government over implementation of
safety related stoppages, reported a death at its Zondereinde mine.
Firestone puts out deal vote to July
A shareholder vote on the recapitalisation of Firestone Energy's balance sheet, and a
deal that will see its joint venture partner, Sekoko Resources, sell a stake in the
listed business has been rescheduled to July owing to transaction complexities.
De Beers searching for six illegal miners
Illegal miners were trapped at the Namaqualand property despite repeated attempts
by the mine authorities to dissuade mine property trespassers.