Sibanye-Stillwater confirms 7,000 employees cut at Cooke
SIBANYE-Stillwater said it had completed a restructuring process at its Cooke gold and uranium shafts on the West Rand cutting a total of 6,976...
NUM to stage mass meeting at Cooke as Sibanye readies axe
SOUTH Africa's National Union of Mineworkers (NUM) is to hold a mass meeting at Sibanye-Stillwater's Cooke shafts, west of Johannesburg, on November 1 after the...
GEM sticks to diamond sales guidance despite hitch at Letšeng
GEM Diamonds has made an adjustment to its full-year ore treatment forecast after locating a crack in its plant equipment at its Letšeng mine, the...
Implats to take R1.25bn refined metal hit after furnace kept offline
IMPALA Platinum (Implats) reduced its gross refined platinum production target to between 1.51 to 1.56 million ounces for its 2018 financial year following a...
South32 defends buy-back, denies plan is to boost executive pay
THE mining cycle may have well and truly turned to the positive again, but one company declining to dive into corporate activity in favour of...
Orion Minerals to raise $5.5m for Prieska zinc-copper project
ORION Minerals is to raise $5.5m (R77.5m) to pay for further drilling at its zinc and copper prospect in South Africa's Northern Cape province.
Exploration...
Mike Salamon, former Gencor, BHP executive passes away
FORMER Gencor and BHP Billiton executive Miklos (Mike) Salamon passed away earlier this month, according to an announcement on October 25 by GEM Diamonds...
CoAL to rebrand, cut shares as fresh chapter opens with Uitkomst
COAL of Africa (CoAL) will place the cherry on the cake in November with a name change to MC Mining which it hopes will...
SA gold’s 23% AISC lift in H1 2017 easily outstrips rest...
THE cost of mining gold in the first half of 2017 was comfortably the most expensive in South Africa than anywhere else in the world...
Debt levels “nowhere near” dangerous, says Froneman
SIBANYE-Stillwater would end its 2017 financial year in considerably calmer waters following an action-packed first half to the year. Gold and platinum group metal...