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.
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.
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.
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
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 the latest victim of the DMR
The Department of Mineral Resources has slapped an order on Lonmin to stop sellng base metals with immediate effect as yet another mining rights controversy brews up.
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.
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.
Kumba reaches Faleme Project settlement
Kumba Iron Ore has announced that it has reached a settlement agreement with the Republic of Senegal and La Society des Mines De Fer Du Senegal Oriental, Senegal's state-owned development company, concerning the Faleme Project.