Zimbabwe to bring curtain down on indigenisation ownership rules for platinums
ZIMBABWE is to abandon regulations that require platinum firms to sell control of their assets to local investors, known as indigenisation, said Bloomberg News...
De Beers makes early in-roads after Lightbox launch sees 60% retreat...
REMARKABLE early evidence following the launch of De Beers’ synthetic diamond range, branded as ‘Lightbox’, is that the pricing of competing products has fallen...
Market shrugs off battle of wills as AMCU gold strike nears...
SHARES in Sibanye-Stillwater are nearly 72% higher since the Association of Mineworkers & Construction Union (AMCU) started its strike at the company’s South African...
Wescoal, Assore: companies on different paths weighing similar goals
TWO resource companies known for their strict adherence to specialised metals production – Wescoal Holdings (coal) and Assore (steel feed minerals iron ore, manganese...
Eskom official said he was ordered by top management to pay...
AN Eskom employee described receiving an instruction to pay nearly R659m in less than three hours on an invoice submitted by Tegeta Exploration &...
Zimbabwe to allow mining firms to import own fuel as dollar...
MINING companies operating in Zimbabwe will be allowed to import their own fuel in order to lessen the impact of shortages that have gripped...
Bristow urged to find JV middle ground with Newmont’s Goldberg
VAN Eck International Investors Gold Fund, Barrick Gold’s top shareholder, has urged the gold company to hash out a joint venture deal with Newmont...
Platinum surplus to widen but it soon may join palladium on...
AUTOMAKERS attending the 121 Mining Conference in Cape Town during February were unanimous in their view that switching from palladium to platinum in the...
RBPlat defends rights issue timing, turns thoughts to 2020 dividend policy...
ROYAL Bafokeng Platinum (RBPlat) defended its decision to raise R1bn through a rights issue today arguing that it was necessary to lock-in finance whilst...
SA coal entrant intends market disruption, praises “beautiful” South32 assets
SAKHILE Ngcobo, a shareholder in South African coal entrant, Sibambene Coal, said the company intended to buy assets or establish joint ventures with existing...