AMCU’s Mathunjwa key figure in bringing Harmony strike to close
HARMONY Gold said it has lost between 10 and 15 production days at Kusasalethu where an unprotected strike drew to a close today -...
Fire disturbs South32’s Cannington full-year output guidance
SOUTH32 has cut its full-year production forecast at its Cannington lead, silver and zinc mine following an underground fire causing damage that would take...
110 carat boosts Firestone as Liqhobong gains momentum
SHARES in Firestone Diamonds, the UK-listed operator of Lesotho's Liqhobong diamond mine, gained up to 12% today after the company's revenue-generating potential was demonstrated...
CoAL buys Uitkomst Colliery from Pan African for R275m
COAL of Africa (CoAL) has made the first important step in securing cash flow whilst it develops the $250m Makhado coking coal project agreeing...
Implats to collect R218m as A-1 case grinds on
IMPALA Platinum (Implats) has been awarded $16m (R218m) by a court in Pennsylvania after it won a case of fraudulent transfer relating to the...
PTM in strategic asset review as downgrades Maseve again
PLATINUM Group Metals (PTM) downgraded 2017 production at its Maseve mine and said there was a risk of strike activity at its milling operations...
Cash flush Tharisa to convert to owner-operator model
THARISA, a chrome and platinum group metal mining firm, is to buy a portion of the fleet operated by its mining contractor, MCC Contracts...
AMCU defies court at Harmony’s Kusasalethu which loses 150kg in output
HARMONY Gold said it has lost up to 10 days production - equal to about 150kg (52,000 ounces) - at its Kusasalethu mine, west...
Global gold output to fall in 2017/18 after hitting fresh record
THE gold price would average $1,259 per ounce in 2017, according to the GFMS Gold Survey 2017, published by ThomsonReuters which warned, however, that...
DiamondCorp to retrench employees at Lace mine
DIAMONDCORP is to retrench employees at its Lace diamond mine in South Africa's Free State province and warned its chief lender, the Industrial Development...