No major Northam earnings fluctuations
Platinum producer Northam Platinum expects its full year earnings per share and headline
earnings per share to be between 170 and 190 cents.
Work stops on CoAL’s Vele mine
Development work on Coal of Africa's Vele coking coal mine in Limpopo Province has been stopped while the company negotiates with the Department of Environmental Affairs
Uranium One lifts output target
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”
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.
Simmers settles R100m of RMB loan
Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to
Rand Merchant Bank as part of the R220m bridge loan.
Lonmin ‘to account’ for Keysha’s minerals
The South African government has said Lonmin may have to account for minerals sold from land over which empowerment firm, Keysha, now has a prospecting right.
Wesizwe Pt probe was ‘limited’
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.
Lonmin shares fall on nickel sales ban
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
South Africa's Merafe Resources has enough ore sources to mitigate the impact of a government order preventing Lonmin from selling any associated minerals.
Marine gem hunter to list on JSE
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.