Wescoal already lining up the next target after Keaton Energy
The acquisition of Keaton Energy gives Wescoal a larger financial and operating base from which to pursue further acquisitions and Wescoal was already reviewing possible...
Petra to fall short on diamond production for the year to...
Petra Diamonds has chopped its forecast diamond production for the year to end-June by between 8% and 9% and also estimated that revenues will be...
Strong rand clobbers Anglo American Platinum’s earnings
Anglo American Platinum (AngloPlat) has cautioned shareholders that its earnings for the six months to end-June will be at least 20% lower than the...
Pallinghurst to delist Gemfields from UK as wins takeover battle
PALLINGHURST Resources has won the battle for Gemfields after a sufficient number of the coloured gemstones miner and marketing firm's shareholders supported Pallinghurst's all-scrip...
CoM interdicts “egregious” Mining Charter in scathing assessment
THE Chamber of Mines of South Africa said it had applied for an urgent interdict to stop the implementation of the Mining Charter which...
Exxaro may sell Eskom-dedicated Matla coal mine in asset review
Exxaro Resources is to sell its Arnot coal mine as well as North Block Complex (NBC), both situated in Mpumalanga province, in terms of...
Anglo expected to resume dividend payments at half-year
RATINGS agency, Moody's, recent comment that South Africa's Mining Charter redraft is likely to be credit negative for companies such as Anglo American -...
Exxaro to start coal mine restructure in Q4, advances BEE deal
EXXARO Resources said its coal mines registered a solid performance in the first half of its financial year lifting production 4.7%, but it would...
Glencore pumps up the jam as battle for C&A intensifies
Glencore added another $100m to its offer for Rio Tinto's Australian coal assets, Coal & Allied (C&A) and said it would forfeit the premium...
Charter roadshow off to chaotic start as Zwane flees imbizo
THE Chamber of Mines responded with dismay to reported comments by mines minister, Mosebenzi Zwane, that South Africa's mining industry was negotiating in bad...