South Deep clobbers Gold Fields yet again
It was the “same old story” from Gold Fields in the March quarter which is that the non-South African operations delivered but the...
SA platinum miners “dysfunctional” says JP Morgan
South Africa’s platinum miners resemble a “dysfunctional oligopoly” and are currently increasing supply despite depressed platinum prices with no meaningful improvement in the situation...
Anglo American to suffer up to $400m earnings hit at Minas...
Anglo American will take a hit of between $300m and $400m to its expected earnings before interest, tax depreciation and amortisation (EBITDA) for its...
Barrick makes 50/50 offer to Tanzanian government on Acacia
Barrick Gold is proposing a 50/50 split between subsidiary Acacia Mining and the government of Tanzania of the “economic benefits generated by Acacia’s operations.”
In...
Mantashe changes his mind on “once empowered always empowered”
The government intends appealing a court judgement handed down on April 4 on the crucial “once empowered - always empowered” principle which...
Illegal miners hit diamond output from Petra’s Kimberley operations
Illegal mining at Petra Diamonds’ Kimberley Ekapa Mining JV (KEM) near Kimberley affected production during the March quarter by restricting access to high grade...
Gecamines sues to “dissolve” Glencore-controlled Kamoto Copper
Gecamines - the mining and trading company owned by the government of the Democratic Repubic of Congo (DRC) - has started legal proceedings...
DMR gives final approval for acquisition of Maseve mine by RB...
Toronto-listed Platinum Group Metals (PTM) has received final approval for the sale of its Maseve Mine to Royal Bafokeng Platinum (RB Plat) with the...
Russian sanctions benefit SA’s platinum mines as by-product prices surge
Embattled South African platinum miners are being handed a measure of relief from their grim financial situation by the jump in the prices of...
Acacia interim CEO remains tight-lipped on Tanzanian situation
Acacia Mining interim CEO Peter Geleta gave nothing away in his review of the March quarter on the two burning issues shareholders most want...