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First Uranium aims to raise $46m

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First Uranium has priced its public equity offering a $1.00 per share in order to raise $46m.

Bright future for SA mining, says Shabangu

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Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.

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.

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.

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.

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.

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.

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.

Back to reality for Petra

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After spending some time in the limelight following the acquisition of Finsch, it is back to basics for Petra Diamonds after it posted a lacklustre interim performance.