Home News Page 137

News

Base targets rare earth monazite from Toliara for $71m

0
BASE Resources plans to produce monazite, a rare earth, from its proposed Toliara mineral sands project in Madagascar at an additional capital cost of...

Tharisa to accelerate underground mining plan following review

0
THARISA is to start underground mining at its North West province chrome and platinum group metal (PGM) mine earlier than planned in order to...

Thungela says SA’s coal exports to fall to fresh lows in...

0
THUNGELA Resources said the failure of Transnet Freight Rail (TFR) to stop a decline in coal deliveries this year would result in lower export...

SA Govt’s plan to unleash army on illegal mining is doomed

0
SIBANYE-Stillwater’s Neal Froneman has more reason than most to want crime and corruption in the mining sector tackled. The precious metals miner, of which...

Petra says buyer may save SA’s historic Koffiefontein mine

0
THE historic Koffiefontein diamond mine in South Africa's Free State province could be granted a new lease on life after owner, the UK-listed Petra...

Bushveld to cut 40% of head office staff as global markets...

0
BUSHVELD Minerals had cut jobs at its head office impacting about 40% of total employees as it sought to turn the company's fortunes around. In...

Has the music stopped for Sibanye-Stillwater?

0
A MEMORABLE commentary by the ex-CFO of former miner Royal Bafokeng Platinum graphically described in 2021 how the platinum group metals (PGM) market felt...

Glencore in bid for Anglo? Entertaining, but unlikely

0
ANGLO American CEO Duncan Wanblad received a grilling last week at the firm's investor update with more than one analyst wanting to know if...

Food shortage ends SA’s latest mine ‘hostage drama’

0
THE latest underground 'hostage drama' at a precious metals mine in South Africa was nearing its conclusion after workers started to return to surface. EWN,...

Petra increases credit facility to counter ‘lower-for-longer’ market

0
PETRA Diamonds has increased its revolving credit facility by R750m to a total of R1.75bn in preparation for a "weaker-for-longer diamond" market, the company...