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...
Acacia readies for Barrick deal in 2018, stands firm on tax...
ACACIA Mining acknowledged a statement from 64.9% shareholder, Barrick Gold, on October 25 that a proposal for a new relationship with the Tanzanian government...
Chamber of Mines opens door (again) to talks with Gigaba
SOUTH Africa's Chamber of Mines opened the door for negotiations with Finance Minister, Malusi Gigaba, saying that a stable and predictable business environment would...
Sibanye-Stillwater to post loss of at least R4.6bn for 2017
SIBANYE-Stillwater is to post an attributable loss of at least R4.6bn, equal to $350m, for its 2017 financial year ending December 31, the Johannesburg-listed...