Labour disruption flares up at Petra’s Finsch, Ekapa mines
PRODUCTION at Petra Diamonds' Finsch and Kimberley Ekapa Mining Joint Venture operations in South Africa's Northern Cape province has been interrupted by labour disruptions...
2,500 jobs at risk as Implats begins Rustenburg restructure
AT least 2,500 employees of Impala Platinum's (Implats') Impala Rustenburg may be affected after the firm unveiled the first of possibly several waves of restructuring aimed...
Petra set to struggle to meet covenant with Williamson crocked
SHARES in Petra Diamonds fell 8% during morning trade in London after the company acknowledged that the suspension of its Williamson mine would put...
Rockwell puzzled by liquidation move as sale in the pipeline
ROCKWELL Diamonds said it was puzzled by a decision to return its subsidiaries to provisional liquidation as it had received an offer in excess...
AngloGold may save Kopanang after signing sale memorandum
ANGLOGOLD Ashanti may save its loss-making Kopanang, a gold mine west of Johannesburg, from closure after signing a memorandum of understanding (MoU) with an...
Pan African content with surface to underground gold mix
A TOUGH operational year that saw gold production by Pan African Resources (Panaf) retreat by 4.4% to 173 000 oz has seemingly driven a...
First Quantum agrees power levy with Zambia, retains output guidance
FIRST Quantum Minerals (First Quantum) said it was on course to meet quarterly production guidance from its Zambian operations Kansanshi and Sentinel after reaching...
Why the Chamber’s deal with Zwane is a strategic masterstroke
THERE'S more than meets the eye to the Chamber of Mines' decision not to interdict the redrafted Mining Charter. This is according to market...
Implats to close Mimosa if Zimbabwe insists on 15% export levy
IT was "crunch time" for Impala Platinum's (Implats') Zimbabwe mine Mimosa which was under threat of closure as it could not comply with the...
Implats’ unveils restructure as low platinum price the “new normal”
NICO Muller, Impala Platinum (Implats) CEO since April, rang in the changes amid "a new pricing environment" for platinum unveiling plans to restructure both...