Jubilee bags chrome resources
Jubilee Platinum wins the right to retreat platinum group element tailings on the
Dilokong mine, hailed by the firm as a major advance in its strategy.
First Uranium asset sales approved
First Uranium shareholders have approved the sale of the company’s key assets,
setting in motion a process that will see the failed gold miner wind down its
operations.
CoAL hints at extending Exxaro equity link
Coal of Africa said the sheer scale of its Soutpansberg coalfields would create
opportunities for equity investment with Exxaro, but added Exxaro had yet to
ink the initial Makhado investment.
Wescoal confirms financial turnaround
Wescoal serves notice that last year's poor financial performance is a thing of the
past.
AEMFC’s next project close to launch
State-owned miner AEMFC is now in the post-feasibility phase of its second
project, the T-Project outside Bethal, which will produce 4.6 million tonnes of
coal per year.
Minorities in U-turn on First Uranium deals
The sale of gold producer First Uranium’s key assets is close to a done deal after
a block of minority shareholders ran out of options in a battle to stop the
transactions.
Govt to test platinum lifeboat options
Amid another platinum mine closure, the South African government says it is
studying options for intervening in the sector in an effort to help save jobs.
Gold One dismisses 1,035 workers
Gold One International says the company has dismissed 1,035 employees from
its Modder East mine following the workers’ participation in an illegal strike.
Village looks for Lesego partner
Village Main Reef says it is looking for a partner to advance its sole platinum
asset as a pre-feasibility study shows a possible return rate of 18% for the
asset.
Pallinghurst shows its hand on R800m rights offer
JSE-listed holdings group Pallinghurst Resources has launched its latest R800m
rights offer as the company prepares to extend its reach to copper and coal.