ARM, Glencore assessing options on new coal-related BEE deal
THIS month the High Court heard arguments from the Chamber of Mines and the Department of Mineral Resources (DMR) ahead of a declaratory order...
Pallinghurst cuts executive team in cost reduction drive
THE departure of Palllinghurst Resources executive director and COO, Priyank Thapliyal, for Jupiter Mines where he will be CEO was "rational on all fronts"...
SA platinum miners watchful of political events in Zimbabwe
SOUTH African platinum producers operating in Zimbabwe said they were watchful of political developments following reports that armed forces had seized power in the...
Nkosi defends Exxaro BEE discount: “We have no guarantees”
SIPHO Nkosi, the former CEO of Exxaro Resources, has defended the group's proposed new black economic empowerment (BEE) transaction of which he is a...
Coal suppliers braced for working capital hit as Eskom falters
THE liquidity crisis at Eskom would have "a serious knock-on effect" on working capital inflows across South Africa's coal sector, although the major suppliers...
Northam’s Dunne says platinum recovery imminent in most bullish outlook yet
THE long-awaited turnaround in the platinum price - which has been depressed for nearly a decade - is getting closer, according to Northam Platinum...
Alphamin to complete Bisie project finance with JSE listing
CANADIAN-listed junior tin mining company Alphamin Resources is to list on the Johannesburg Stock Exchange's Alt-X as part of its efforts to raise the...
Tharisa to post surge in earnings assisted by $200/t chrome price
RECORD production and a higher average chrome price would take 2017 headline share earnings to between 21 US cents to 23 cents, said Tharisa...
Mick Davis speculated to be Rio Tinto’s preferred new chairman
MICK Davis, the former CEO of Xstrata and more recently appointed head of Britain's Conservative Party, could be heading to Rio Tinto, according to...
Banro may go to the wall as it runs short of...
BANRO Corporation, the Toronto-listed gold company, issued a blunt SOS today that it was running out of cash and funding options in order to...