Exxaro to send test train from Grootegeluk in bid to ease...
EXXARO Resources will send a “test train” carrying coal to Eskom power stations in Mpumalanga province from its Waterberg operations in the Limpopo province...
MC Mining unveils share issue to pay for R468m first phase...
MC Mining unveiled details of R468m first phase metallurgical and thermal coal mining development – Makhado – in South Africa’s Limpopo province which will...
GEM Diamonds held dividend as low-end diamonds sales provide “early warning...
PAYMENT of a dividend was a close-run thing but GEM Diamonds’ board decided to hold back owing to some concerns about the condition of...
B2Gold to embark on $50m Fekola expansion, waiting on Gramalote study
B2GOLD Corporation said it expected to start a $50m mill expansion of its Fekola gold mine in Mali taking ore throughput to 7.5 million...
Cash positive Kenmare to revisit debt structure deemed “not fit for...
KENMARE Resources would be able to fund $70m in development capital in its 2019 financial year using internally generated cash flow, but the company...
Hostile Newmont merger proposal created conditions for Barrick JV
MARK Bristow, CEO of Barrick Gold, said the firm’s hostile takeover bid for Newmont Mining may have been conducive to creating a platform for...
NUM planning Eskom strike in May as unbundling fears mount
THE National Union of Mineworkers (NUM) is planning a five-day strike at Eskom in protest against President Cyril Ramaphosa’s February proposals to split the...
SA to extend standing credit facility to help revive Zimbabwe economy
SOUTH Africa would assist Zimbabwe with financial aid in an effort to help President Emmerson Mnangagwa’s country revive its economy, said Reuters citing the...
Acacia Mining minorities can’t afford to turn down Barrick’s Tanzania proposal
THE hullabaloo that followed Barrick Gold’s $18bn hostile takeover proposal of Newmont Mining, now withdrawn after the two firms agreed to pool their Nevada...
SA coal miners lose “hundreds of millions of rands” following Mpumalanga...
COMMUNITY protests in South Africa’s Mpumalanga province may have cost the country’s thermal coal miners, including Anglo American, Glencore and South32, up to hundreds...