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Simmers needs more funds

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Simmer and Jack Mines needs to raise around R155m and the company's cash-strapped situation means it cannot participate in the fund raise being carried out by associate First Uranium.

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Tau Lekoa lifts Simmers output

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Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.

Govt accepts mine drainage advice

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The government says it can prevent rising acid effluent in the Central Basin of the Witwatersrand from reaching environmentally critical levels next year.

More legal action at Ngwenda Gold

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Alleged company hijacker Dennis van Kerrebroeck goes to court on Thursday to present his side of the story on Ngwenda Gold - and it will be very different to Mashudi Nengwenda's version.

BHP sees high iron ore price for two years

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BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.

India’s Sail eyes SA for 3mt steel plant

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Steel Authority of India is planning to build four steel plants, one of which will be in South Africa, for $12bn, according to its chairperson.

Gold at 7-week peak amid Middle East unrest

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Gold has risen to a seven-week high as spreading unrest in the Middle East burnished the metal's appeal as a safe-haven asset.

Harmony CEO sniffed out ‘hijacker’

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Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.

IFM losses increase

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IFM continues to battle with various technical issues which have kept it in the red despite rapidly improving market conditions for its main customers - the stainless steel producers.