RBPlat ices R944m rights issue as PGM rand prices deteriorate
THE deteriorating condition of the platinum market for South African producers was demonstrated today in an announcement by Royal Bafokeng Platinum (RBPlat) that it would...
Mantashe embarks on complex Mining Charter community talks
SOUTH African mines minister, Gwede Mantashe, begins a nine province process of consultation with the communities regarding a re-write of the Mining Charter, starting...
Optimum to sell coal to Vitol despite failing Eskom contracts
OPTIMUM Coal Mine (Optimum) is reported to have agreed an export agreement for at least 200,000 tonnes of thermal coal with Vitol, the trading...
Exxaro’s good intentions subverted by its ham-fisted approach
MINORITY shareholders in Exxaro Resources claimed a minor victory last year when they were able to compel the company’s management to alter the structure...
High Court finds SA mining not required to renew BEE
SOUTH Africa's High Court (Gauteng) found in favour of the country's mining sector today regarding the much-contested 'once-empowered, always empowered' dispute - a development that could influence...
Anglo can’t breath easily until Minas Rio pipeline gets all clear
THE financial impact of Anglo American's decision to shut-down its Minas Rio iron ore mine earlier this week for 90 days will be marginal say...
MC Mining’s Brown weighs Vele, once SA’s most controversial mine
DAVID Brown, CEO of MC Mining (MCM), previously known as Coal of Africa, claims to be in a much happier place these days. "There’s...
ARM, Amplats shocked by bus attack that killed six employees
MINING companies Anglo American Platinum (Amplats) and African Rainbow Minerals (ARM) condemned a "senseless" attack on employees on April 2 in which six lost...
Randgold 2018 output guidance unaffected by Tongon strike
RANDGOLD Resources said production guidance of 1.35 million ounces to 1.30 million oz would be unaffected by a flare up of industrial action at...
Anglo suspends Minas Rio for 90 days after second leak detected
PRODUCTION at Anglo American's Brazilian iron ore mine, Minas Rio, is suspended for three months whilst the group runs checks on the integrity of a...