Pan African to put Evander underground back on its feet
PAN African Resources said it would complete the R40m refurbishment of underground shafts at its Evander Gold Mines in Mpumalanga province by April 15...
Platinum price troughed but recovery to be “slow” and “painful”
APART from Goldman Sachs, which is bearish, analysts are finding reasons to be cheerful regarding the platinum price which has troughed, they believed. However,...
Gahcho Kué: De Beers’ sub-Arctic bet on diamond demand deficit
ABOUT 280km north-east of Yellowknife, the largest town of Canada’s North West Territories (NWT), is Gahcho Kué – a Chipewyan name for ‘the big...
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...