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Exxaro, Thungela said to be facing off for $800m renewables firm

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TWO of South Africa's largest coal mining firms Exxaro Resources and Thungela Resources are considering bids for BTE Renewables, a company owned by Actis...

Sedibelo Resources to list in US once window re-opens to mining...

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SEDIBELO Resources, a platinum group metal (PGM) producer, was unlikely to list this year as geopolitical uncertainty and a decline in company valuations had...

Sandfire’s Simich to step down as copper miner concludes $150m Motheo...

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SANDFIRE Resources CEO and managing director, Karl Simich is to step down having recently expanded the firm's international footprint including the planned commissioning of...

Gemfields announces $15m interim payout, seeks approval for $10m share buy-back

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GEMFIELDS today declared an interim dividend of $15m following "sparkling" results which CEO Sean Gilbertson colourfully remarked were akin to pulling "a very well-groomed...

Implats closes in on control of RBPlat after taking stake to...

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IMPALA Platinum (Implats) edged closer to outright control of Royal Bafokeng Platinum (RBPlat) announcing today the acquisition of further shares. The company now owns 40.46%...

Russia’s Alrosa discovers 22 new diamond deposits in Zimbabwe, says Mnangagwa

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ALROSA, Russia's diamond mining firm, has discovered 22 new diamond deposits in Zimbabwe, said Bloomberg News citing the comments of the southern African country's president,...

Amplats unveils R1.8bn ESOP with new evergreen offer locking in dividend...

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ANGLO American Platinum (Amplats) today unveiled a new employee share ownership plan (ESOP) in terms of which it will issue up to R1.8bn of...

Updated: Second dam burst at Jagersfontein mine denied by owner

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A SECOND dam burst at the Jagersfontein diamond mine in South Africa's Free State, according to a report by BusinessLive citing eNCA, a broadcaster. However,...

Sibanye-Stillwater gold strike drove 30-fold lift in days lost to strike...

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A STRIKE by Sibanye-Stillwater's gold mine employees played a major part in the 1.6 million work days lost so far this year in South...

MC Mining to get Makhado coal project on the road with...

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MC MINING plans to start construction of a new thermal and metallurgical coal mine planned for the Limpopo province in January provided it can...