Rockwell pins hopes on $8m business restructure amid Q3 loss
ROCKWELL Diamonds posted a $5.5m net loss for the third quarter (2016: -$10.5m), but said a $8m spending plan, approved by the board on...
Harmony on course to beat 1.05m oz gold output target
HARMONY Gold was on course to exceed full-year guidance of 1.05 million ounces in gold production after announcing it had produced 8% more gold...
Kenmare to top 1 million tonne output, mulls capacity lift
KENMARE Resources said prospects for its 2017 financial year would be far improved owing to higher production at its Moma mine in Mozambique, as...
Sibanye to hit DMR with R26m claim for Section 54 stoppage
SIBANYE is to issue South Africa's Department of Mineral Resources (DMR) with a R26m legal claim following the application of a number of Section...
PTM targets 120koz but may need $5m to $15m after Maseve...
PLATINUM Group Metals (PTM) hoped to make its Maseve platinum mine cash flow positive in the first half of this year and produce up...
Endeavour likely to call the shots in £3bn Acacia combination
A UK analyst was quoted to have said that the possible combination of Acacia Mining with Endeavour Mining Corporation would be one of those...
Harmony to launch investigation as Kusasalethu returns to work
WORKERS at Harmony Gold's West Rand gold mine Kusasalethu returned to surface last night rather than spend a second a night underground with the...
Wescoal “active” in consolidation of SA domestic coal market
WESCOAL, a R888m mid-tier coal producer, said it was positioned to grow through industry consolidation in an attempt to reach an aspirational run of...
1,700 miners launch illegal sit-in at Harmony’s Kusasalethu
ABOUT 1,700 employees at Harmony Gold's Kusasalethu gold mine west of Johannesburg have embarked on an underground sit-in which the company said was illegal.
"The...
Stirrings in uranium market offer faint hope to Paladin
AMID emergency financial surgery at Paladin Energy, the Australian-listed firm's CEO, Alexander Molyneux, sought to look at the positives saying there were signs the...