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Uranium One lifts output target

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Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.

ArcelorMittal seeks “holistic solution”

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ArcelorMittal CEO Nonkululeko Nyembezi-Heita says the acquisition of ICT is part of a strategy to improve the steel group's chances of coming out on top in the fight with Kumba Iron Ore.

Lonmin to get base metal rights

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Lonmin was likely to receive approval to sell base metals over areas it successfully received mining licence conversions several years ago, a government official says.

Simmers settles R100m of RMB loan

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Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to Rand Merchant Bank as part of the R220m bridge loan.

Wesizwe Pt probe was ‘limited’

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Deloitte Consulting and Deneys Reitz were restrained from corroborating Wesizwe Platinum CEO Mike Solomon's statements with third parties, according to a report compiled by the auditor and lawyer.

Kumba reaches Faleme Project settlement

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Kumba Iron Ore has announced that it has reached a settlement agreement with the Republic of Senegal and La Society des Mines De Fer Du Senegal Oriental, Senegal's state-owned development company, concerning the Faleme Project.

Lonmin the latest victim of the DMR

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The Department of Mineral Resources has slapped an order on Lonmin to stop sellng base metals with immediate effect as yet another mining rights controversy brews up.

Marine gem hunter to list on JSE

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South African investors may soon be offered another chance to go marine diamond mining as TSX-listed Afri-Can Marine Minerals Corporation looks for a secondary listing on the JSE.

Lonmin shares fall on nickel sales ban

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Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.

Merafe buys chromine ore from Lonmin

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South Africa's Merafe Resources has enough ore sources to mitigate the impact of a government order preventing Lonmin from selling any associated minerals.