Home News Page 631

News

23 illegal miners trapped and feared dead in Zimbabwe after dam...

0
AN estimated 23 illegal miners are trapped and feared dead after a dam burst flooded shafts owned by RioZim, a gold mining firm that...

Lower mining production likely to weigh heavily on SA’s GDP growth

0
A DECLINE in production from mining during 2018 is expected to weigh heavily on South Africa's economy, said BusinessLive citing data from Statistics SA. Mining...

Kropz hires ARM non-executive Jan Steenkamp to drive Elandsfontein

0
KROPZ, a phosphate mine developer, said it had appointed former African Rainbow Minerals (ARM) executive, Jan Steenkamp, as MD for its 74%-owned Elandsfontein phosphate...

Sibanye-Stillwater opens restructuring talks at gold mines potentially affecting 6,670 jobs

0
SIBANYE-Stillwater has alerted staff at its gold operations that will restructure them following their under-performance in a development that may affect 6,670 full time...

PGMs and Trump Administration tax reform to offset gold mining blues...

0
STRONGER platinum group metal (PGM) prices and an unanticipated tax reform courtesy of US president, Donald Trump, will assist in a $3.4bn improvement in...

South32 returns $344m in interim payouts on metronomic production performance

0
SOUTH32 continued its near metronomic returns performance producing a 17% lift in interim taxed profit of $635m and announcing a total payout to shareholders...

Barrick’s Bristow runs rule over group assets, Massawa capital scoped at...

0
BARRICK Gold guided to production of between 5.1 and 5.6 million ounces for its 2019 financial year, less than the 5.81 million oz the...

Harmony committed to walking fine line with old shafts while weighing...

0
CRITICAL attention fell on Harmony Gold's "legacy" mines following the group's interim results presentation on February 12 at which analysts asked whether it might...

Union says nationwide strike underway as protest against Eskom proposal gains...

0
A NATIONWIDE strike by South Africa's largest labour organisation, the Congress of South African Trade Unions (COSATU) had begun on Wednesday that included employees...

Harmony considering building solar plant to cut “massive” Eskom power costs

0
HARMONY Gold was considering building a 30MW solar power plant in South Africa's Free State province to supply electricity to its operations and cut...