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Harmony raises cash element of $300m Mponeng purchase from AngloGold Ashanti

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SHAREHOLDERS in Harmony Gold came to the party this week buying shares worth R3.47bn - about $200m - enough to provide the South African...

Immigration staff shortage proving bottleneck for returning migrant mine labour

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THE return to work of some 9,500 foreign mineworkers needed to get South Africa’s mines back to full production is being held up by...

Exxaro coal sales to Eskom to drop 8% as sides remain...

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EXXARO Resources (Exxaro) has coped remarkably well with the volatile business conditions experienced during the first six months of its current financial year to...

Mboweni warns SA’s public finances “dangerously over-stretched” as Govt. looks to...

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SOUTH African finance minister, Tito Mboweni, intended to narrow the country's account deficit and stabilise debt by 2023/2024, but he also warned that "public...

Report calls for caution on sea floor mining until information is...

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AN international panel warned that mining the sea floor should not proceed until more information was obtained about its impact on the environment. Citing a...

Kalagadi Manganese needs hundreds of millions of rands in new investment:...

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KALAGADI Manganese required hundreds of millions of rands in new investment, but it was unlikely to come from the Industrial Development Corporation (IDC), said...

Implats delivers upbeat year-end message after ploughing through inventory during lockdown

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IMPALA Platinum (Implats) processed the balance of its 350,000 ounces of platinum group metals (PGMs) inventory, brought forward plant maintenance, and escaped cancellations to...

Harmony forecasts mines up and running fully only in August as...

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HARMONY Gold might not restore full mining at its South African operations until August as the return of migrant workers to the country was...

Eskom warns of load-shedding as unplanned breakdowns strike at four units

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ESKOM told South Africans to prepare for the possibility of renewed load-shedding today following unexpected breakdowns of its fleet. The announcement comes on the eve...

Bushveld Minerals says vanadium supply deficit in 2021 to support $100m...

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BUSHVELD Minerals' $100m, five-year vanadium growth plans could prove decisive as the market was forecast to enter a supply deficit from next year, the...