Mike Salamon, former Gencor, BHP executive passes away
FORMER Gencor and BHP Billiton executive Miklos (Mike) Salamon passed away earlier this month, according to an announcement on October 25 by GEM Diamonds...
CoAL to rebrand, cut shares as fresh chapter opens with Uitkomst
COAL of Africa (CoAL) will place the cherry on the cake in November with a name change to MC Mining which it hopes will...
SA gold’s 23% AISC lift in H1 2017 easily outstrips rest...
THE cost of mining gold in the first half of 2017 was comfortably the most expensive in South Africa than anywhere else in the world...
Debt levels “nowhere near” dangerous, says Froneman
SIBANYE-Stillwater would end its 2017 financial year in considerably calmer waters following an action-packed first half to the year. Gold and platinum group metal...
Acacia readies for Barrick deal in 2018, stands firm on tax...
ACACIA Mining acknowledged a statement from 64.9% shareholder, Barrick Gold, on October 25 that a proposal for a new relationship with the Tanzanian government...
Chamber of Mines opens door (again) to talks with Gigaba
SOUTH Africa's Chamber of Mines opened the door for negotiations with Finance Minister, Malusi Gigaba, saying that a stable and predictable business environment would...
Sibanye-Stillwater to post loss of at least R4.6bn for 2017
SIBANYE-Stillwater is to post an attributable loss of at least R4.6bn, equal to $350m, for its 2017 financial year ending December 31, the Johannesburg-listed...
Pan African raises alarm as criminal group runs riot at Elikhulu
THE construction of Pan African Resources' (Pan African's) R1.7bn Elikhulu surface gold project is being put at risk by a "criminal grouping" which has...
Sibanye turns attention to growth strategy ahead of market shift
SIBANYE-Stillwater CEO, Neal Froneman, said the group had moved into a phase a growth even though the rest of the market was focused solely...
Anglo heading for solid production year led by diamonds, iron ore
ANGLO American is poised to turn in a solid production year announcing today year-to-date copper equivalent production across all its operations some 8% higher with...