Zimbabwe flatters to deceive as reform doesn’t extend to mining
ZIMBABWE'S new cabinet has retained the controversial 51% indigenisation thresholds for foreign diamond and platinum miners, but it has deferred a 15% tax on...
Harmony sets out stall ahead of $100m Moab deal capital call
HARMONY Gold set its stall out ahead of asking shareholders to support a $100m (R1.4bn) capital raise saying the purpose of the exercise -...
AngloGold embarks on A$48m Tropicana gold expansion plan
ANGLOGOLD Ashanti has approved the A$48m expansion and extension of gold production from its 70%-owned Tropicana gold mine, situated in western Australia.
The group said...
Pallinghurst unveils buy-back, UK shift as metamorphosis continues
PALLINGHURST Resources pressed on with a strategy to give fresh impetus to its investment case after earlier this year converting to an operating company, and...
RBPlat bites lip as speculation grows it is being punished by...
THERE is speculation of significant distress at the platinum facilities of Royal Bafokeng Platinum (RBPlat), a black-owned mining company, that has tempted it to take...
Harmony to tap shareholders for R1.4bn to seal Moab deal
HARMONY Gold confirmed it would tap shareholders for $100m (R1.4bn) in order to part pay for the $300m purchase of the Moab Khotsong mine...
CER appeal against Atha-Africa’s Mabola coal project dismissed
UNLISTED Indian company Atha-Africa Ventures received a massive shot in the arm after the South African government rejected an appeal against an environmental authorisation...
South32 trims capital guidance, balance sheet keeps sturdy look
SOUTH32 has trimmed its sustaining capital number for its 2018 financial year to $470m from previous guidance of $500m after deferring the underground development of its...
ARC confident Kropz will overcome water, commissioning troubles
PATRICE Motsepe's Johannesburg-listed financial services company, African Rainbow Capital (ARC), was confident commercial production at its 26%-owned Kropz, which owns the Elandsfontein phosphate mine,...
RBCT hoping for big Q4 response after storm forced closure
RICHARDS Bay Coal Terminal (RBCT) will be hoping it can repeat its fourth quarter performance of last year when it shipped just over eight...