PTM mops up after $590m loss, needs $30m to settle debt
PLATINUM Group Metals (PTM) brought the curtain down on a most difficult of years in which it shelved and then sold its much-vaunted Maseve...
Lonmin crisis coming to a head after PIC demands board seats
SHARES in Lonmin were under renewed pressure amid comments attributed to Daniel Matjila, CEO of the Public Investment Corporation (PIC), that the platinum miner...
South32’s Kerr insists coal exit driven by export pricing concerns
SOUTH32 CEO, Graham Kerr, stood by the group's decision to exit its thermal coal assets in South Africa saying it was a decision informed...
Market mismatch not recognised in Glencore, BHP, Anglo shares
IT'S long been acknowledged that trading in gold shares is a job for the professionals. For the rest, there’s the diversified mining firms, or...
Bold Orion in “perfect place” as Chinese zinc stocks diminish
ORION Minerals is progressing apace with the establishment of its Prieska zinc and copper project, laying bare a tight timeline for exploration, funding, and...
South32’s ‘smile and wave’ moment a fresh blow to SA
* Article adjusted to acknowledge that South32's bid for Metropolitan was for metallurgical coal, not thermal coal which is the focus of environmental concern.
ONE...
Vedanta unveils mine digitalisation as key driver of Gamsberg
DIVERSIFIED miner Vedanta Zinc International (VZI) plans to spend around $4m over the next three years digitalising its greenfield Gamsberg zinc project making it...
South32 begins process to spin-off South African coal business
SOUTH32 has unveiled plans today to reduce its exposure to South Africa by announcing a proposal to separately manage its coal operations in the...
High Court postpones Mining Charter redraft hearing to February
SOUTH Africa's High Court has postponed a hearing into the Mining Charter which had been set for December 13 and 14 deciding instead that...
Exxaro to pay out about R4.8bn in first tranche Tronox sale
SHAREHOLDERS in Exxaro Resources can look forward to a payout of $354m (R4.8bn) after the company said it was likely to distribute nearly all of...