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Eskom too big to fail but Govt. facing giant task as...

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THE South African government is facing a mammoth task turning around Eskom where debt has increased to R500bn, according to Bloomberg News drawing on...

SA PGM producers bracing themselves for tough round of wage talks

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SOUTH Africa's platinum group metal (PGM) miners are bracing for potentially difficult wage negotiations when it meets with unions later this month, said Reuters...

Zimbabwe platinum mine fails to attract funds owing to military defence...

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A PROPOSAL aimed at building Zimbabwe's largest platinum group metal (PGM) mine is struggling to attract financial backers because a military company is one...

Debmarine Namibia sanctions new $468m vessel, lifting diamond output a third...

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DEBMARINE Namibia today sanctioned capital expenditure totalling $468m which will be put to the construction of an offshore diamond vessel capable of taking production...

Amplats to unveil $62m Unki smelter amid unresolved regulatory issues in...

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ANGLO American Platinum (Amplats) will officially unveil a $62m smelter development at Unki, a mine in Zimbabwe, on Thursday despite contending with "outstanding" regulatory and...

Bushveld guides to higher vanadium despite plans for mid-winter downtime

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BUSHVELD Minerals guided to a nine to 13% improvement in vanadium production from its Vametco facilities for its 2019/20 financial year, despite downtime of...

Tharisa confident of stout response after mine reset hits interim earnings

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THARISA CEO, Phoevos Pouroulis, said the company was confident of producing the production averages over the next two quarters in order to meet adjusted...

Acacia to receive $2m after finalising end of earn-in with Samara...

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ACACIA Mining formally terminated an earn-in agreement with Sarama Resources for the South Houndé project in Burkina Faso. The divestment from South Houndé is part...

Petra’s Duffy hails quality of Cullinan after ‘Legacy’ diamond sold for...

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PETRA Diamonds has sold its 425-carat 'Legacy of the Cullinan Diamond Mine' diamond to Stargems Group in partnership with Choron Group for $15m. "This is...

Barrick say sell Lumwana copper mine to Chinese in second half...

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BARRICK Gold was preparing to sell its Lumwana copper/gold mine in Zambia, according to a report by Reuters which cited three sources with knowledge...