Home News Page 708

News

Royalty hopes fade as Zambia’s PF takes lead

0
Higher royalties in Zambia look likely to stay after votes counted so far in a presidential by-election give the lead to the Patriotic Front's Edgar Lungu.

Crunch time for Resgen’s $400m debt talks

0
Resource Generation puts development at its Boikarabelo project in abeyance as it waits on "protracted" discussions with a potential consortium of lenders.

Acid test for DRDGold as Ergo FFG re-starts

0
DRDGold said its high grade gold re-treatment technology would be re-started by the weekend - a development that will test the virtue of some R600m in outlay.

ContiCoal bid, would be “great outcome”

0
A $75m bid for Continental Coal's subsidaries by Ivory Mint would be "a great outcome", says the business practitioner presiding over the firm's business rescue.

RBCT wary of 19mtpa expansion plan

0
Richards Bay Coal Terminal said the expansion of its facilities which saw it cross swords with Transnet two years was unlikely to see light of day in the short-term.

Northam suspends Zondereinde amid ‘tension’

0
Northam Platinum has suspended operations at Zondereinde amid mine tension, although CEO, Paul Dunne, says a quick resolution is still possible.

Acacia surpasses 2014 gold output forecast

0
Analysts said Acacia deserved to be re-rated as it turned in another solid quarter of cost reduction and gold production increases.

Metallon targets 150,000 oz for 2015

0
Zimbabwe's largest gold producer, Metallon Gold, said it would produce 150,000 oz of gold in 2015, a 50% increase on output it achieved last year.

Matona blames crisis on deferred maintenance

0
South Africa was paying the price for failing to maintain its plants from about 2009 and that load-shedding was imminent and would continue for "a long time".

PTM to seek Waterberg investors

0
Canada's Platinum Group Metals said it would talk to its partners and third parties regarding investment in its Waterberg extension project.