Opinion split on best way into rock-bottom platinum market
THE platinum market is now at such a totally depressed stage that it’s time to buy in, but analyst opinion is divided over whether...
Mantashe won’t appeal High Court finding as focus falls on “80%...
SOUTH Africa mines minister, Gwede Mantashe, declared the negotiating team discussing changes to the country's Mining Charter was "80% there", and would be concluded...
Mixed reviews as Gold Fields CEO, Nick Holland, defends capex push
GOLD Fields CEO, Nick Holland, acknowledged Asanko Gold's plans to grow its Ghana footprint may have been too ambitious which is one of the...
Centamin expected to stage output recovery after grade-hit Q1
CENTAMIN, the London-listed gold producer that mines the Sukari gold mine in Egypt, stuck to full-year guidance of 580,000 ounces for its 2018 financial...
Lucapa raises A$16.5m as Angola diamond policy begins thaw
LUCAPA Diamond Corporation (Lucapa) has raised A$16.5m in a share placement which included a "new cornerstone investor" - a development that was a major vote of...
Mantashe looms large over first – positive – Charter meeting
THE first report back from the stakeholders negotiating the Mining Charter is due on April 10 so it's probably worth setting down some preliminary...
Sibanye moves to protect equity with super-sized $600m RCF
SIBANYE-Sibanye moved to quell fears it may eventually turn to equity finance again after its super-sized its dollar-denominated credit facility, nearly doubling it to...
RBPlat ices R944m rights issue as PGM rand prices deteriorate
THE deteriorating condition of the platinum market for South African producers was demonstrated today in an announcement by Royal Bafokeng Platinum (RBPlat) that it would...
Mantashe embarks on complex Mining Charter community talks
SOUTH African mines minister, Gwede Mantashe, begins a nine province process of consultation with the communities regarding a re-write of the Mining Charter, starting...
Optimum to sell coal to Vitol despite failing Eskom contracts
OPTIMUM Coal Mine (Optimum) is reported to have agreed an export agreement for at least 200,000 tonnes of thermal coal with Vitol, the trading...