Exxaro may hold excess cash as searches for coal export certainty
EXXARO Resources might elect to hold cash rather than pay a special dividend when it announces its interim results later this year despite failing...
Thungela CEO says coal deliveries to Richards Bay “stabilised”
THUNGELA Resources CEO July Ndlovu said the decline in coal deliveries to Richards Bay had been stopped as the rail network had been stabilised.
"There...
Petra Diamonds misses production target but promises better days
PETRA Diamonds missed revised production guidance for the 12 months ended June but said the way was clear for a significant increase in output...
Vedanta near settlement with Zambia over in liquidation Konkola Mines
VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, said...
Lucara Diamond’s Karowe expansion announces 25% capex blow out after delays
LUCARA Diamond Corp.'s expansion of the Karowe mine in Botswana would take 18 months longer to complete than first planned while the project's capital...
Amplats to post heavy interim earnings hit after metal price meltdown
ANGLO American Platinum (Amplats) is set to report a heavy decline in interim earnings following steep declines in metal prices, lower output and higher...
Richards Bay terminal operator resumes after Transnet Ports lifts work stop
TRANSNET National Ports Authority (TNPA) announced over the weekend the resumption of a terminal operator at Richards Bay port.
The unnamed operator had been suspended earlier...
Transnet warns of truck congestion at Richards Bay after operator suspended
TRANSNET National Ports Authority (TNPA) said today a terminal operator at its Richards Bay facility had been shut down leading to congestion of truck deliveries.
The...
Anglo, Glencore to raise funds for $1.5bn Limpopo water project
ANGLO American and Glencore are working with the South African government on $1.5bn water scheme that will supply platinum and chrome operations as well...
Miner says offshore smelter for SA palladium project could be cheaper
TORONTO-listed Platinum Group Metals (PTM) said it was considering building smelting and refining facilities for the metal outside South Africa.
In a third quarter update,...