Seriti Resources confirms plan to retrench 1,143 employees
SERITI Resources, a privately-held South African coal miner, plans to retrench 1,143 employees as some of its operations are "not commercially sustainable".
Middelburg Mine Services...
Zimbabwe ups efforts to stem illegal gold sales
ZIMBABWE is to intensify efforts to stem illegal gold flows by increasing surveillance at mining sites, said Bloomberg News.
Citing mines minister Winston Chitando, the...
Will BHP return for Anglo? Definitely, maybe
WILL BHP take a second shot at Anglo American when the UK’s six-month "put up or shut up" takeover rule lapses? 'Definitely, maybe', to...
Afrimat is a new breed of diversified miner
If there is a fatal flaw in mining companies, it is poorly timed capital allocation at the top of a particular commodity cycle. More...
Rise of AI to fuel copper shortage, says BHP
THE rise of artificial intelligence will contribute towards a looming supply deficit in copper, said the Financial Times citing comments by BHP's CFO Vandita...
PTM defies sceptics with optimised $946m Waterberg project study
PLATINUM Group Metals (PTM) today published an updated definitive feasibility study for its 50.02% controlled Waterberg Joint Venture, a project that will produce PGMs,...
Lucara Diamond recovers another whopper at Karowe
LUCARA Diamond Corp., the Toronto-listed miner, said on Monday it had recovered a 1,094 carat diamond from its Karowe mine in Botswana.
Karowe, which is...
From Crapco to mid-tier copper play, Kerr’s says South32 is unique
IT'S 10 years since BHP demerged production in coal, aluminium and silver into a company that became South32 — so named owing to its...
Zambian miners turn to once beleaguered utility, Eskom
MINERS in Zambia have turned to an unlikely source in order to offset electricity shortages caused by a drought: Eskom, the until recently beleagurered...
Froneman says 10% share boost sign PGMs near price inflection
SHARES in Sibanye-Stillwater climbed about 10% in Johannesburg on Thursday following a positive bump in platinum group metal prices.
The palladium price increased to $1,032.97...