Home News Page 118

News

Mafube lifex project in doubt after JV hits licensing problems

0
THE future of the Mafube coal mine in South Africa's Mpumalanga province has been thrown into doubt after the government turned down its application...

Sedibelo Platinum write-down forces ruby miner into the red

0
THE decline in platinum group metal (PGM) prices last year weighed heavily on Gemfields, the ruby and emerald miner which has a 6.45% stake...

Kenmare Resources not for sale, says outgoing MD Carvill

0
KENMARE Resources said there were no plans to sell the company despite calls by a shareholder last month for it to consider strategic options. Outgoing...

Froneman appoints former colleague to run uranium M&A

0
SIBANYE-Stillwater's plans to sell or joint venture its uranium reserves have been given a boost with the appointment of industry veteran Greg Cochran, a...

Hummingbird’s mining contractor hits back in Kouroussa dispute

0
THE mining contractor at the centre of a row with Hummingbird Resources said on Wednesday it had not been paid by the gold producer...

Sibanye-Stillwater suspends PGM shaft after conveyor damaged

0
SIBANYE-Stillwater on Wednesday suspended its Siphumelele shaft following an accident in which a conveyor belt was damaged at the platinum group metals operation. There...

The tide may be turning for unwanted PGM

0
PALLADIUM is heading south again after two bursts this month took the metal's price firmly through $1,000 per ounce. At last count it was...

Copper 360 signs new offtake for Nama Copper plant deal

0
COPPER 360, a Johannesburg listed miner and development company, announced on Tuesday it had adjusted the terms of a previously announced R200m acquisition of...

Is this the time to sell or stay bold on gold?

0
SWISS bank UBS published a note on March 6 questioning whether the dollar gold price had run too hard, too soon. At the time the...

Sibanye-Stillwater open to JV on Burnstone gold project

0
SIBANYE-Stillwater was prepared to sell its Burnstone gold project or bring it out of mothballs if a joint venture partner could be found for...