AMCU defies court at Harmony’s Kusasalethu which loses 150kg in output
HARMONY Gold said it has lost up to 10 days production - equal to about 150kg (52,000 ounces) - at its Kusasalethu mine, west...
Global gold output to fall in 2017/18 after hitting fresh record
THE gold price would average $1,259 per ounce in 2017, according to the GFMS Gold Survey 2017, published by ThomsonReuters which warned, however, that...
DiamondCorp to retrench employees at Lace mine
DIAMONDCORP is to retrench employees at its Lace diamond mine in South Africa's Free State province and warned its chief lender, the Industrial Development...
Pallinghurst to build PGM technology tipped to transform sector
PALLINGHURST Resources through its platinum investment Sedibelo Platinum Mine, together with Lifezone and the Industrial Development Corporation (IDC) are to press ahead with the...
Gold shares flicker but political gloom descends on SA
SOUTH African gold shares were lifted as investors sold rands, but the currency sell-down was a consequence of a tumultuous overnight cabinet reshuffle in...
DMR confirms mining charter redraft “still being finalised”
A WIDELY anticipated re-draft of the mining charter was still being finalised, according to the Department of Mineral Resources (DMR) which indicated today the...
Green shoots for SA mining which reverses loss-making trend
DATA published by the Chamber of Mines of South Africa delivered some much-needed good news for the country's mining sector which last year showed...
Albanese set to leave Vedanta as Agarwal starts executive search
TOM Albanese, CEO of Vedanta, may relinquish his position at the UK-listed firm on August 31, a development the company said was in line...
Pan African, CoAL discussed joint bid for Keaton Energy
COAL of Africa (CoAL) and Pan African Resources (Panaf) discussed a joint bid for Keaton Energy in which the two would create a takeover...
Pallinghurst planning “value unlock” as 10-year term rolls up
PALLINGHURST Resources is exploring "all options available" regarding unlocking "inherent value" of its assets, but this would not extend to an unbundling of any...