MC Mining granted mining right for the Chapudi coking coal project
MC Mining (the former Coal of Africa) has put another building block in place for its long-term plans to develop the Soutpansberg coal field...
Jubilee buys out PlatCro for R155m to consolidate its strategic position
Jubilee Metals has bought the privately-owned PlatCro chrome operation near Brits for £8.6m ( about R155m) to consolidate its strategic position in the area...
Cradle Arc suspends share listing and seeks “insolvency advice”
Cradle Arc - the London-listed junior which has been developing the Mowana copper mine in Botswana - has suspended trading in its shares on...
Creditor outrage as Optimum Coal to be sold for a pittance...
OPTIMUM Coal Mine's creditors have objected to a proposed sale of the mine to an unknown entity, Halo Projects, which they claim was a shelf...
Phakamisa “surprised” Optimum awarded to Aussie-backed Project Halo
THE Phakamisa Coal Consortium was "surprised" by a decision to award the purchase of Optimum Coal Mine out of business rescue to 'Project Halo'...
Miners exercise restraint, but can counter-cyclical investing be institutionalised?
ASK most investment professionals operating in the metals and mining market, and they’ll say the world’s mining companies have tended to go with the flow.
When...
Vedanta’s Gamsberg to rival Sishen for economic importance in Northern Cape
VEDANTA Resources is starting to ramp-up production from its Gamsberg zinc mine at Aggeneys in the Northern Cape in a development which has huge...
Newmont guides 2019 gold to 5.2m oz owing to Subika expansion...
NEWMONT Mining said a full year of production from the Subika underground mine, an extension of the Ahafo operation in Ghana, would help drive...
Eskom coal stocks improve, but Gordhan detects corruption at below par...
BY the end of December Eskom would hold 33 days of coal stocks, up from 14 to 20 days at present, public enterprises minister...
Amplats, Implats cash flow flush from palladium, but platinum’s day to...
AT the time of writing, Amplats is 30% higher this calendar year whilst Implats’ recovery, especially over the last six months, has been remarkable....