Petra to investigate ‘human rights abuses’ at Williamson mine as allegations...
THE problems mounted for Petra Diamonds which said today it was conducting an investigation into allegations lodged in a UK High Court filing of...
Tesla joins Fair Cobalt Alliance as push to eradicate abuses on...
TESLA has joined the fledgling Fair Cobalt Alliance (FCA) which is gathering members in order to stamp out child labour from mining sites and improve...
UK private equity fund to bid in latest round of SA’s...
ACTIS LLP, a UK-based private equity firm, was seeking energy projects in Africa including South Africa which has opened a new round of tendering...
Zimbabwe Govt permits Chinese companies to drill for coal in Hwange...
THE Zimbabwe government has awarded two coal mining concessions to Chinese companies inside the Hwange National Park which is the country’s flagship wildlife conservation...
Glencore partner Merafe in R1.34bn write-down as JV partners cut 1,000...
MERAFE Resources booked an impairment of R1.34bn in the first six months of its 2020 financial year owing to Covid-19 related production stoppages. Production...
Platinum has good lockdown with supply deficit set to widen in...
PLATINUM has had a good lockdown, according to the World Platinum Investment Council (WPIC) which said on Tuesday demand for the metal outstripped supply in...
ARM to call in external forensics if bean counters can’t crack...
THERE'S serious head-scratching underway in the finance division of African Rainbow Minerals, the Johannesburg-listed diversified miner.
The company is in the final throes of an...
Holding cash for projects may be risky business for ARM as...
THERE was a ripple of disquiet among analysts last week when Patrice Motsepe, executive chairman of African Rainbow Minerals (ARM), defended his company’s dividend...
Sylvania raises prospect of windfall dividends as rhodium gain dominates 2020...
SYLVANIA Platinum raised the prospect of a “windfall dividend” during its new financial year after registering elevated prices for rhodium and palladium which it...
SA’s Competition Commission approves Seriti purchase of South32 coal assets
THE acquisition of South32's South African Energy Coal (SAEC) to Seriti Resources has been recommended by South Africa's Competition Commission, said BusinessLive.
"In spite of...