AngloGold braces for hefty loss as absorbs SA mine restructure
ANGLOGOLD Ashanti is heading for a heavy half-year headline earnings loss of $93m or R1.2bn as it absorbs the cost of a restructuring of...
Phiri describes ANC Charter ‘help’ for Zwane as “encouraging”
OUTSPOKEN CEO of Royal Bafokeng Platinum (RBPlat), Steve Phiri, today welcomed comments by the African National Congress (ANC) that the mining sector ought not...
RBPlat BRPM shaft restructure delivers fresh blow to SA mining
ROYAL Bafokeng Platinum (RBPlat) is to restructure an unprofitable shaft at its Bafokeng Rasimone Platinum Mine (BRPM) which it shares in joint venture with...
Chamber, NUM round on Zwane fearing 200,000 jobs at risk
UP to 100,000 direct jobs were at risk in South Africa's mining sector owing to a deterioration in regulatory and operating conditions, including decreased...
Pan African to sell Phoenix to Sylvania Platinum for R89m
PAN African Resources (Pan African) has sold its platinum tailings retreatment facilities, Phoenix Platinum, to Sylvania Platinum for R89m in a transaction that would...
RBPlat confirms discussions underway for PTM’s Maseve
ROYAL Bafokeng Platinum (RBPlat) confirmed it was interested in buying the assets connected with Maseve, a platinum project built by Platinum Group Metals (PGM)...
Acacia complains of “increased pressure” as senior employee held
THE relationship between Acacia Mining and the Tanzanian government appears to have deteriorated with the company today complaining of "increased levels of pressure" on...
Northam enters PGM recycling sector after R139m A-1 deal
NORTHAM Platinum has stepped into the platinum group metal (PGM) recycling business after unveiling a $10.7m (R139m) deal in which it will buy a...
RBPlat made offer for PTM’s surface infrastructure
ROYAL Bafokeng Platinum (RBPlat) made an offer for the surface infrastructure of Maseve mine, including a concentrator, which is owned by the beleaguered Toronto-listed...
Cutifani calls on SA to dump Charter, restart talks in 2018
THE Mining Charter redraft published by South Africa's Department of Mineral Resources (DMR) on June 15 had to be disregarded and replaced starting with...