SA mining will lose 48,000 jobs if ‘dire’ Eskom tariff granted
UP to 48,000 jobs would be lost in South Africa's gold and platinum sector were the country's power utility, Eskom, granted a 19.9% increase...
SA coal strike averted, for now, while NUM studies new offer
A COAL strike affecting as much as half of South Africa's production may be averted after mining companies submitted new proposals scheduled to be...
Only protracted Zimbabwe crisis would disturb platinum market
THE political crisis in Zimbabwe had almost no impact on the price performance of either platinum or palladium as production of the metals from the...
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...