Eskom coal drive gives Glencore, Anglo earnings boost
ESKOM’S drive to procure more coal has given the prospects of Glencore, Anglo American and South32 – some of the largest diversified mining firms listed...
2018 tipped as ” a year to forget” for Centamin as...
CENTAMIN could produce as much as 13% less gold than it expected for its 2018 financial year after a second quarter recovery failed to...
Sibanye-Stillwater blasts AMCU for “agenda” to harm reputation
THE often fraught relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a turn for the worse today after the...
Pan African to meet Mantashe as ante upped on ‘use-it, or...
THE cost of retrenching 1,700 employees at the underground section of Pan African Resources' (Pan African's) Evander Gold Mines would total R160m, the company...
Petra in R2.2bn rights issue as rand, delays stress balance sheet
OPERATIONAL delays and an improvement in the value of the rand against the dollar has forced Petra Diamonds into a rights issue worth $178m...
Northam R3bn funding foresees ‘medium-term’ PGM opportunities
NORTHAM Platinum added further heft to its balance sheet today announcing a new R1bn revolving credit facility (RCF) which will tide it over during...
AngloGold to cut 2,000 ‘services’ jobs after shrinking SA footprint
ANGLOGOLD Ashanti is to cut as many as 2,000 jobs from the ranks of its support and services following a restructuring of its South...
Mantashe moots anti-graft mining division for SA Police Services
SOUTH African mines minister, Gwede Mantashe, wanted to explore the possibility that the mining sector could help establish a mining graft division with the...
Smart tech is Kumba’s best hope of extending Sishen Iron Ore
KUMBA Iron Ore has a two-pronged strategy to extend the current 13 years remaining for its Sishen mine in the Northern Cape: exploration and...
Gold Fields puts Salares Norte permit delay down to procedure
GOLD Fields confirmed it had received a request from authorities in Chile for further information regarding an application for an environmental authorisation permit for its...