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Analysts say diamond market recovery will rescue Petra

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A COMPANY contending with balance sheet pressures is Petra Diamonds, the UK-listed firm that has built a business by buying up the mines that...

Froneman promises “comprehensive investigation” into Driefontein tragedy

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SIBANYE-Stillwater is to embark on a "comprehensive investigation" into a seismic event at its Driefontein operations west of Johannesburg last week which resulted in...

CoM defends record as Sibanye-Stillwater fatalities total seven

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THE Chamber of Mines said it regretted the number of seismicity-related incidents this year on South Africa's gold mines - the latest of which...

Bushveld Minerals pegs hopes on energy to drive vanadium demand

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AS local vanadium producer Bushveld Mineral rides the wave of increased vanadium demand from China, the London-listed junior is also pegging its hopes on...

Centamin more than doubles first quarter profit at Sukari

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CENTAMIN, the UK-listed gold producer which operates the Sukari mine in Egypt, more than doubled its first quarter profits owing to higher production, better...

Four miners trapped at Sibanye mine pass away, search continues

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FOUR of 10 employees recovered from the Masakhane mine at Sibanye-Stillwater's West Rand Driefontein operations had passed away, the firm said today. Operating activity at the...

Sibanye searching for 10 miners after Driefontein fall of ground

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THE safety-related problems Sibanye-Stillwater said were a feature of its South African operational performance during the March quarter may be developing into disaster after...

Fight goes on as Spoor & Co target coal for compensation...

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THE class action to compensate current and former mineworkers who have contracted silicosis and tuberculosis on 30 of South Africa’s gold mines since 1965...

Eskom returns to cost plus mines in 100Mt coal procurement drive

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A COMBINATION of short-term and long-term coal procurement contracts would restore the integrity of Eskom's primary power supply, a strategy that would include the...

Sibanye-Stillwater hauls in capex R550m in defence against rand

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SIBANYE-Stillwater fought against the effects of the improved rand/dollar exchange rate in the March quarter thanks largely to the first fruits of an operational...