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...
Pallinghurst studying exit options from manganese miner, Tshipi
PALLINGHURST Resources is considering exiting its investment in Tshipi é Ntle Manganese Mining (Tshipi), a manganese miner operating in South Africa's Northern Cape province....
Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m
LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...
Royalty funding set to become a low risk finance route
ROYALTY agreements, and their legal cousins, streaming agreements, are set to become an increasingly popular mine funding mechanism, especially in times of legislative uncertainty...