Trans Hex to shut down the Baken diamond mine
Diamond producer Trans Hex has finally pulled the plug on its ageing Baken mine in the Northern Cape and intends placing it on care...
Bodies of last two missing mineworkers recovered from Kusasalethu
The bodies of the last two of the five mineworkers trapped by a fall of ground following a rockburst last Friday morning at Harmony’s...
Sibanye Bold*
NEAL Froneman has never been known for reticence. At a time when the mining industry was debt-shy, Sibanye Gold moved in the opposite direction...
Tharisa establishes closer technical ties with Lonmin
Chrome producer Tharisa is using its metallurgical and smelting technology to expand its business through agreements to run one of Lonmin’s chrome plants and...
“Lucky” Assore churns record profits and doubles its dividend
Assore shares rose 3.8% to reach R274,62 in trading on the JSE today after the release of record results for the year to end-June...
Anglo SA deputy Norman Mbazima calls time on tickbox BEE
TWENTY years ago, in a tightly packed auditorium at Anglo American, the group’s financial results ended in banner fashion. After months of speculation, the...
Sibanye suspends cash dividend as net debt hits R22bn
TOILING under the weight of its $2.2bn takeover of Stillwater Mining earlier this year, Sibanye Gold suspended the cash dividend, electing instead to pay...
Glencore M&A doesn’t mean miners have returned to old ways
DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...
South32 wins legal fight with DMR over mining right extension
YET another mining group – this time diversified major South32 - has been forced to haul the Department of Mineral Resources (DMR) into court...
Death of third mineworker confirmed at Harmony’s Kusasalethu mine
A third mineworker trapped underground after a seismic event at Harmony’s Kusasalethu mine near Carletonville on Friday morning has been brought to surface but,...