Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance
THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...
Glencore bid for Teck’s coal business invites more questions than answers
GLENCORE confirmed it had submitted a bid for the coking coal business of Teck Resources while saying it had not abandoned an earlier proposal...
PTM ‘pounding on doors’ for offtake deal ahead of financing $617m...
PLATINUM Group Metals CEO Frank Hallam said the company was "pounding on the doors" of four mining companies in search of a concentrate offtake...
Iron ore exports disrupted after copper cable theft incidents this week,...
IRON ore exports from South Africa's Northern Cape province have been disrupted this week, according to a statement by Transnet Freight Rail (TFR) which gave...
Petra warns of revenue hit after limp diamond market forces cancellation...
PETRA Diamonds today announced it had postponed its sixth tender owing to "a temporary slowdown in the market for rough diamonds" - a development...
Perseus returns staff to Sudan but defers investment decision “for forseeable...
PERSEUS Mining has deferred an investment decision on its Meyas Sand Gold Project in Sudan following the outbreak of hostilities in the North African...
Transnet union says collaboration with Minerals Council is a private sector...
THE South African Transport and Allied Workers Union (Satawu) has criticised Minerals Council efforts to improve the performance of Transnet, the government-owned rail and...
DMRE says it was not consulted by Transnet’s surprise junior mining...
THE Department of Mineral Resources & Energy (DMRE) was not consulted by a surprise announcement by Transnet CEO Portia Derby last year sketching out...
DMRE to appoint minerals cadastre provider in July
THE South African government said it would appoint a service provider to install a mining licence cadastre by July.
The junior and exploration resources sector...
Gold Fields unveils balance sheet restructure with $1.2bn, ESG-linked facility
GOLD Fields has announced a major refinancing of its balance sheet including a restructuring of its $1.2bn revolving credit facility which has been extended...