Home News Page 1253

News

Randgold DRC project ahead of schedule

0
International gold mining and exploration company Randgold Resources says construction on its Kibali project in the DRC is six months ahead of schedule.

Platinum juniors take a beating

0
Platinum juniors and explorers are getting battered by current volatile market conditions with Wesizwe Platinum and Platinum Group Metals amongst the worst affected.

Shabangu must act on Sishen dispute

0
Top rated analyst David Pleming of Macquarie First South Securities has called for mining minister Susan Shabangu to take a leadership role in dealing with the mining rights dispute at Sishen.

Simmers finally takes over Tau Lekoa

0
UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.

Northam halts ops at Zondereinde after accident

0
Northam Platinum says it has halted production at its Zondereinde mine in Rustenburg after two miners were killed, the latest in a spate of accidents.

Randgold & Exploration eyes higher H1 earnings

0
Randgold & Exploration says earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.

Ferro Metals production takes a dip

0
International Ferro Metals, the London-listed ferrochrome producer with operations in South Africa, reports a 6% drop in quarter-on-quarter production.

Aquarius shares recover after DMR meeting

0
Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.

Xstrata-Merafe Chrome Venture mining unhindered

0
Merafe Resources says on that the Xstrata-Merafe Chrome Venture's mining operations will continue as planned while the company prepares to present its case to the Department of Mineral Resources.

DMR backs down on Aquarius

0
The Department of Mineral Resources has backed away from its draconian safety directive to Aquarius Platinum which will continue standard mechanised mining operations while striving for better safety.