Zwane declares DMR “reasonable” after approving Lonmin deal
SOUTH African mines minister, Mosebenzi Zwane, sought to cast his Department of Mineral Resources (DMR) in positive light after months of bad press, describing...
Amplats exempt from supplying Zimbabwe’s Kell smelter
ANGLO American Platinum (Amplats) will complete construction of smelting facilities in Zimbabwe despite a pact between the government and Pallinghurst Resources that obliges platinum...
Chamber lodges second interdict after Zwane refuses to blink
THE South African government's latest mining regulatory shock is to make a wholly unsurprising appearance in court after the Chamber of Mines filed an urgent application...
Hopes high for Anglo dividend restart as Kumba pays out R5.1bn
KUMBA Iron Ore, the Johannesburg-listed firm in which Anglo American has a 70% stake, is to pay a R5.1bn interim dividend following a 23%...
Earthquake breaks water fissure seal at GEM’s Ghagoo mine
AN earthquake that had its epicentre some 25km from GEM Diamonds' Ghaghoo, a diamond mine in Botswana the UK-listed group put into mothballs, caused...
Acacia shares plummet 20% as Tanzania lodges $190bn claim
ACACIA Mining owed the Tanzanian government $190bn related to alleged under-declaration of concentrate exports between 2000 and 2017, according to notices of adjusted assessment...
Amplats’ asset disposals should be unaffected by latest DMR move
The government notice published on July 18 aimed at prohibiting the change of control of existing mining and prospecting rights should not affect the final...
Petra pins cash flow positive hopes on better gem mix in...
PETRA Diamonds forecast production in its 2018 financial year of between 4.8 to five million carats despite under shooting in the year under review...
Anglo American Platinum plunges into the red
Anglo American Platinum (Amplats) plunged into heavy losses during the first half of 2017 as the group was clobbered by impairments related to its...
Amplats to write-off R4.2bn Atlatsa debt, mothballs Bokoni
ATLATSA Resources Corporation (Atlatsa) will put its 51%-owned Bokoni Platinum Mines (Bokoni Mines) on care and maintenance which will remove an estimated 140,000 ounces...