Transnet seeking R50bn for mission critical capex
TRANSNET needs at least R50bn in funding to eradicate the current maintenance backlog on its rail network and to restore it to its full...
Endeavour locks in 10-year future of Burkina Faso mine, Houndé after...
ENDEAVOUR Mining said the Burkina Faso government had granted it a mining permit for the Kari area of its Houndé mine.
The Toronto-listed firm said...
Orion suffers funding setback after Clover declines options
ORION Minerals suffered a setback after shareholder Clover Alloys declined to subscribe for options that could have netted the copper development firm A$73m, about...
SA mines minister, Gwede Mantashe, tests positive for COVID-19 disease
SOUTH African mines minister, Gwede Mantashe, and his wife Nolwandle Mantashe have tested positive for COVID-19, said EyeWitness News (EWN).
The couple are in isolation...
Sibanye-Stillwater to cut 287 jobs at US mine as palladium halves
THE grim prospects for the palladium price has forced Sibanye-Stillwater into a fresh round of restructuring at its US mine Stillwater Mining.
Sibanye-Stillwater announced today...
SA mining unions, communities and firms closer after Covid-19
GOLD Fields CEO, Nick Holland, said the Covid-19 pandemic had worked as a catalyst to bring together South Africa's often fractured mining industry, including...
SA Govt’s plan to unleash army on illegal mining is doomed
SIBANYE-Stillwater’s Neal Froneman has more reason than most to want crime and corruption in the mining sector tackled. The precious metals miner, of which...
Kinross mine Tasiast emerges from June quarter in good shape despite...
KINROSS Gold's Tasiast mine in Mauritania emerged from the June quarter in relatively good shape despite interruptions caused by a 17-day strike and the Covid-19...
SA fails to process any of 2,525 mining permits for 23/24
THE backlog of mining permits in South Africa has worsened as some 2,525 new applications submitted in the government's financial year ended February 29...
Exxaro to post increase in interim EBITDA as coal operations prove...
EXXARO Resources said it would report an increase in interim earnings before interest, tax, depreciation and amortisation (EBITDA) ended June 30 between 12% and...