New Motsepe-Swanepoel axis buys CoAL’s Mooiplaats for R180m
COAL of Africa (CoAL) closed the book on its long-standing legacy issues following the sale of Mooiplaats, the Mpumalanga province colliery the firm placed...
SA mining surges into R17bn profit, but dividends fall a quarter
THE South African mining industry staged a modest recovery during 2017 with the 25 companies covered in the annual survey carried out by accounting...
Harmony mine manager murdered as illegal mining rears head
HARMONY Gold said a full criminal investigation was underway following the murder yesterday of the regional mine manager of its Tshepong and Phakisa mining...
CoAL opts for ‘Makhado lite’ after project rescope slashes capex 70%
COAL of Africa (CoAL), the Johannesburg-listed coal development and operating firm, has drastically reduced the scope of its Makhado thermal and coking coal project,...
Life looks up for Petra after strike ends at Finsch, Koffiefontein
PETRA Diamonds said full year production guidance of between 4.8 million to five million carats would be unaffected by a ten day strike at...
Will Glencore’s electric dream become a metals market reality?
IT couldn’t be confidently claimed that Ivan Glasenberg, Glencore CEO, is given over to hyperbole. In fact, his group’s grassroots exposure to the markets through...
Palllinghurst pins hope on chrome to stem Sedibelo cash drain
PALLINGHURST Resources will produce chrome at Sedibelo Platinum Mines (SPM) from November which would help it restore the operation to profitability after two years...
Hummingbird studies plan to boost Yanfolila output 45%
HUMMINGBIRD Resources is considering a proposal which may boost gold production at its Yanfolila gold project in Mali by about 45% to some 150,000...
Gold’s on the rise, but which is best: the share or...
IT has been nearly five years now since the peak in the gold price at over $1,900 per ounce, which was followed by a...
Eskom troubles unlikely to break Exxaro’s marriage vow
AS described elsewhere in the Miningmx Mining Yearbook , Eskom is a company in a world of pain and turmoil. The tentacles of state...