Tharisa takes Zimbabwe spend to R100m as buys stake in Karo
THARISA, the Johannesburg- and London-listed chrome and platinum group metals (PGM) producer has extended its interest in Zimbabwe after announcing a $4.5m (R60m) investment...
Glencore cancels Congo debt of $5.6bn in Gécamines equity deal
SWISS-based mining and marketing firm, Glencore, has headed off potentially disruptive legal action with Gécamines by agreeing today to dissolve $5.6bn in debt and...
Mantashe condemns Sibanye deaths saying “rights must be enforced”
SOUTH African mines minister, Gwede Mantashe, condemned the latest fatal mine accident at the Kloof mine of Sibanye-Stillwater, saying it was "... a great...
Randgold to judge Massawa by year-end as project seeks 3m oz
RANDGOLD Resources would make an investment call on its Massawa project in Senegal before year-end after completing testwork that showed three-quarters of the prospect's...
Sibanye-Stillwater safety torment continues as four miners die
Article corrected in the eighth par to show Neal Froneman saying on the assumption two mines were equally safe, it was only logical that the...
Petra deal all but solves Kimberley artisanal mining problem – for...
SOME 830 former illegal miners operating on Petra Diamonds’ lease area at Kimberley have been now been legalised as artisanal miners on ground given...
Pallinghurst gets boost from Mozambique ruby sales
PALLINGHURST Resources said a recent auction of rubies from its Montepuez operation in Mozambique showed strong market support for the semi-precious stone with some...
Junior mining association formed to rival rebranded Minerals Council
A NEW junior mining association to rival the junior chamber in the Minerals Council SA (formerly Chamber of Mines) has popped up its head....
“Our eyes were bigger than our wallets”: Terence Goodlace
MANAGEMENT of junior mining companies can draw useful lessons from the financial crisis that one-time Johannesburg-listed mining company Metorex faced between 2009 and 2012,...
Sibanye-Stillwater’s Froneman predicts share ‘turnaround’ once metal streaming deal unveiled
NEAL Froneman, CEO of Sibanye-Stillwater, promised analysts they would be "pleasantly surprised" by a proposed streaming deal the firm was negotiating which would then...