Tharisa flies on chrome boom, but it warns market is volatile
SHARES in Tharisa, a chrome and platinum producer, were over 6% higher on the Johannesburg Stock Exchange today after the company filed interim figures...
Reopening mothballed shafts may yield 250koz/year for Lonmin
LONMIN was studying the feasibility of reopening shafts that could yield between 200,000 to 250,000 ounces a year of platinum group metals (PGM), roughly...
Lonmin cash burn continues apace as H1 output slides
LONMIN continued to lose money in the six months ended March leaking 32.9 cents per share (2016: 37.3c/share), equal to $48m, following an operating...
Lonmin output losses mount as Bapo protests set to continue
EFFORTS to resume production at two shafts at Lonmin's Marikana mine ended in disappointment for the platinum miner which said its revenue loss following...
Mining Charter 3 may not see light of day in 2017
A PRESENTATION by the Department of Mineral Resources (DMR) to the Portfolio Committee on Mineral Resources earlier this week in South Africa's parliament suggested...
Govt had no choice in Molefe’s Eskom return, says Lynne Brown
PUBLIC Enterprises minister, Lynne Brown, said the South African government had no choice but to support Eskom's decision to re-employ Brian Molefe as CEO...
Dismay, threats of interdict as SA absorbs Molefe reappointment
BRIAN Molefe is to return as CEO of South African power utility, Eskom, barely four months after stepping down amid controversy he assisted the...
Endeavour paves way for Ity project after lifting stake to 80%
ENDEAVOUR Mining is to pay $52m in order to lift its stake in the 76,000 ounce per year Ity mine to 80% from its...
Lonmin loses R40m in revenue after seven-day Bapo protest
LONMIN had lost about R40m in revenue following week-long community disruptions at its Marikana operation in which damage to property and intimidation of employees...
Tharisa to pay R303m for MCC mining fleet purchase
PLATINUM group metal (PGM) and chrome producer, Tharisa, confirmed plans to convert to owner-operatorship of its Tharisa mine near Rustenburg at a cost of...