Union warns over Simmers job losses
Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.
DiamondCorp raises more money for Lace
Fund raisings by Firestone Diamonds and now DiamondCorp indicate investor sentiment towards the diamond mining sector is improving, which is good news for DiamondCorp.
Rio Tinto in $3.5bn bid for Riversdale
Rio Tinto has made a $3.5bn bid approach for Africa-focused Riversdale Mining, sending the target firm's shares surging 16% and setting up a potential takeover battle.
Anglo finalises $700m Skorpion deal
Anglo American has completed the sale of its Skorpion zinc mine to Vedanta Resources.
Platfields to list on JSE
Platfields Limited is to proceed with its listing on the JSE and is looking for R200m to push ahead with two platinum projects and a gold exploration plan.
RBPlat proceeds with R1.3bn capex plan
Royal Bafokeng Platinum has approved an expansion project for the group's North Shaft Merensky Phase III project at the Bafokeng Rasimone Platinum Mine.
Newcrest halts Ivory Coast operations
Newcrest Mining has temporarily suspended operations at its Bonikro gold mine in Ivory Coast as precaution due to possible security issues tied to the recent election tensions.
Village takes over Simmers
Bernard Swanepoel is back into gold mining boots and all with the acquisition of Simmer and Jack Mines, but now comes the hard part of making Simmers' marginal operations perform.
Keaton granted debt facility for Vanggatfontein
Keaton Energy says it has successfully secured a credit-approved offer of R255m in project finance to complete its Vanggatfontein coal mining project near Delmas.
Foreigners snap up SA gold shares
South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.