Northam extends Zondereinde to 30 years in R1bn Amplats deal
NORTHAM Platinum has agreed to buy mineral resources from Anglo American Platinum (Amplats) for R1bn that will enable it to extend the economic life...
Tharisa anticipates “exceptional” 2017 as lifts PGM, chrome output
CHROME and platinum group metal (PGM) producer Tharisa Minerals forecast a best ever performance in its current 2017 financial year after a strong production...
Randgold mines open after Mali shuts offices amid tax dispute
RANDGOLD Resources said its three gold mines in Mali continued to operate despite the west African government having closed down the firm's local offices...
Lonmin recovering, but Magara elusive on after-capex cash
THERE had been less safety-related stoppages at Lonmin's platinum shafts in the fourth quarter, and that the benefits of its restructuring had gained traction,...
Harmony to target debt before deals; rules itself out of Acacia
HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...
AREP’s Dames upbeat on IPP prospects despite Eskom opposition
AFRICAN Rainbow Energy & Power CEO, Brian Dames, is upbeat on the prospects for independent power producers (IPP) in South Africa despite apparent opposition...
SA Govt concerned about “relentless attacks” on Zuma by gold firms
THE South African government has expressed concern regarding "relentless public attacks" on President Jacob Zuma by gold mining firms AngloGold Ashanti and Sibanye Gold.
In...
Fund managers, analysts weigh political risk in SA mining
THE undue influence of politics on South African mining was highlighted by fund managers and analysts at the Joburg Indaba today, but Allan Gray...
Amplats stumped as SA platinum coin yet to materialise
IT'S been two years since former Impala Platinum marketing executive Derek Engelbrecht announced early stage plans to mint a Nelson Mandela platinum coin. Since...
Manuel says DMR must “clean up act” as Cape project wins...
FORMER finance minister, Trevor Manuel, has demanded the Department of Mineral Resources (DMR) "clean up its act" referring specifically to the controversial granting of...