Anglo Coal’s Ndlovu optimistic about prospects, Seriti deal
WHEN July Ndlovu was appointed CEO of Anglo Coal South Africa, a division of the UK-listed group, the expectation was that his elevation to...
Kenmare edges to record annual ilmenite output in 2017
MOZAMBIQUE mineral sands mining firm, Kenmare Resources, was on target for 2017 production guidance of between 950,000 to and 1.05 million tonnes (Mt) of...
Tharisa ponders “generous dividend” after record output
SOUTH African chrome and platinum group metal (PGM) producer, Tharisa, said it was "looking favorably" on a "generous" dividend when it unveils its year-end...
Vedanta registers lower half-year base metals output at Zambia, SA
METAL production at Vedanta's Zambia copper operations recovered about a fifth in the second quarter, but it was not enough to prevent a hefty...
Petra liquid enough to survive expected debt covenant failures
PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...
Centamin restores hopes of 540,000 oz year-end production
CENTAMIN was on track for guided annual production of some 540,000 ounces for its 2017 financial year after Sukari, its Egyptian gold mine, turned...
NUM secures date for arbitration on Sibanye-Stillwater’s Kroondal
SIBANYE-Stillwater and the National Union of Mineworkers (NUM) will enter into arbitration proceedings on November 2 after wage talks at the firm's Kroondal platinum...
Lucapa raises $15m for Lesotho diamond prospect Mothae
PRIVATE equity has agreed to provide $15m (R207m) to Lucapa Diamonds for first phase production of Mothae, a diamond project in Lesotho the Australian-listed...
Glencore may seek partner for $973m swoop on Chevron SA assets
GLENCORE has made light of the regulatory and political crisis in South Africa's resources sector by offering nearly $1bn (R13.7bn) for control of US...
Lonmin shares rocket as lenders grant 12-month covenant waiver
SHARES in Lonmin leapt 18% on the Johannesburg Stock Exchange after the platinum mining firm announced today its lenders had given it more leash...