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Northam buys R1.27bn in Zambezi preference shares after doubling loan note...

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NORTHAM Platinum took its ownership of Zambezi Platinum to 33.4% from 22% previously after buying 16.7 million of the firm's preference shares on April...

Alphamin praying on higher tin price by July 31 when rescheduled...

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ALPHAMIN Resources needs an improvement in the tin price in order to meet additional monthly debt payments which fall due from July 31, the...

Transnet appoints former SA Express CEO, Siza Mzimela as head of...

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TRANSNET has appointed former airline CEO, Siza Mzimela, as CEO of the transport utility's Transnet Freight Rail (TFR), its largest contributor to group revenue and...

SA’s Transnet to resume coal, iron ore exports following amendment to...

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COAL and iron ore exports will recommence through Richards Bay following amendments to the Disaster Management Regulations, said Transnet. The state-owned logistics company would also...

Economic impact accepted, SA mining sector has the stripes to tackle...

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IT was tempting to fear the worst following President Cyril Ramaphosa’s dramatic 21-day lockdown announcement on March 24 aimed at stemming the COVID-19 virus, especially...

Master Drilling suffers hammer blow after Northam Platinum cancels contract

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MASTER Drilling suffered the hammer blow of having one of two projects that will determine its future derailed by COVID-19 after Northam Platinum cancelled...

DRDGold’s Pretorius says “way is paved” for re-opening of FWGR by...

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DRDGOLD said the "way had been paved" for the partial re-opening of its Far West Gold Recoveries (FWGR) operation following a telephonic meeting with...

ARM to restart iron ore exports as Transnet “reactivates” rail and...

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AFRICAN Rainbow Minerals (ARM) will export iron ore at 40% of normal capacity which will be supplied from stockpiles during the Government-ordered 21-day lockdown...

Merafe ready to dip into debt as lockdown bites at time...

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MERAFE Resources said it would draw on debt to fund itself if necessary during the lockdown period imposed by the South African government. Commenting in...

Northam Platinum, the latest SA miner to declare force majeure in...

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NORTHAM Platinum was the latest company to declare force majeure, according to a report by BusinessLive. The Johannesburg-listed firm told four customers it would be unable...