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Northam, Jubilee to explore furnace plan

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Northam Platinum and Jubilee Platinum have agreed to explore development of a 'ConRoast' facility in the first step to developing another source of furnace capacity in South Africa's platinum industry.

Merafe to return to the black

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Merafe Resources said on Thursday it expected to report a return to black for the six months to the end of June.

Absa raises R128m bond issue for Simmers

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Absa Capital has raised R128m in a high yield, unrated bond issuance for Simmer & Jack Mines.

Jubilee Platinum makes ConRoast breakthrough

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Northam Platinum is looking at a JV with Jubilee Platinum which would utilise Jubilee's revolutionary ConRoast smelting technology to treat platinum concentrates from Northam's Booysendal mine.

Highveld Q2 hot metal output jumps

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Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1% increase in year-on-year production in the second quarter of 2010.

NUM overwhelmingly rejects Kumba’s wage offer

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The National Union of Mineworkers says thousands of its members had "overwhelmingly" rejected Kumba Iron Ore's wage offer.

Deposed Le Riche to fight board coup

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FORMER diamond group CEO, Hein le Riche, re-surfaces - spitting mad - ahead of extraordinary AGM to turf out board.

Simmers cuts it fine on loan repayment

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Simmer and Jack still needs to sell another R70m worth of bonds to meet the R100m repayment due to Rand Merchant Bank at the end of the month.

Zim wants mining conducted by state

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Zimbabwe would like to have all alluvial diamond mining conducted by the state, says Finance Minister Tendai Biti.

De Beers’ $295m pact set aside

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A legal technicality could see De Beers angling for new solutions to antitrust claims in the US after it was found on appeal this week that not all plantiffs could benefit from its $295m settlement trust.