Harmony to buy AngloGold’s Moab Khotsong for $300m
THE reconfiguration of AngloGold Ashanti's portfolio continued apace today with an announcement that it would sell its Moab Khotsong operations to Harmony Gold for...
South32 takes cash to $1.69bn but warns of global cost pressures
SOUTH32 took net cash to $1.67bn in the first quarter of its 2018 financial year despite an increase in working capital requirements, its buy-back...
Zwane hits out at critics saying he “… created thousands of...
EMBOLDENED by South African president Jacob Zuma's decision to retain him in cabinet, mines minister, Mosebenzi Zwane, kicked back against attempts to "... try...
Pan African says one year wage deal with NUM due to...
PAN African Resources agreed an 8% wage increase with the National Union of Mineworkers (NUM) for employees at its Barberton Mines, but it will...
SEC charges Rio with fraud for late coal write-down disclosure
RIO Tinto has been charged with fraud by the US Securities and Exchange Commission (SEC) regarding the late notice it provided shareholders in respect...
Kropz warns court bid to suspend licence will hurt environment
KROPZ has hit back at environmental groups opposing its proposed R1.5bn Elandsfontein phosphate mine situated near the ecologically sensitive Langebaan Lagoon in South Africa's...
Minergy opts for UK listing as Johannesburg perceived ‘too risky’
MINERGY, a coal development firm operating in Botswana's Mmamabula coalfields, has decided not to list in Johannesburg, preferring instead a more expensive UK listing...
Implats unveils R2.6bn option for PTM’s massive Waterberg project
IMPALA Platinum (Implats) has made good on a promise in September that it would diversify its risk from its problematic Rustenburg operations by buying...
Sibanye preserves 300,000 oz in platinum output as saves R1bn
THE R200m increase that would take total cost savings at Sibanye-Stillwater's South African platinum assets to R1bn - achieved two years ahead of schedule...
Earning the right to mine nowhere more important than Bisie
HALF an hour's flight in a compact chartered plane from Goma, followed by a bone-jarring, four-hour drive delivers you in the middle of the...