Home News Page 745

News

Junior mining in South Africa..? Think again.

0
SPARE a thought for the junior mining companies. If it’s hard for large mining firms to attract investment and raise capital, then you can...

JV with Implats among Sibanye’s platinum options

0
POOL and share agreements, joint ventures, or sales of mineral resources between adjacent mineral right holders were among the mechanisms through which Sibanye Gold...

Miners to return to work at Northam’s Zondereinde

0
EMPLOYEES at Northam Platinum's Zondereinde mine were expected to return to work tonight after eight days of downtime following an outbreak of violence at...

Endeavour to issue C$125m in shares as gears for high capex

0
TORONTO-listed gold producer Endeavour Mining has unveiled plans to bolster its balance sheet ahead of an acceleration in its West Africa organic growth ambitions,...

Eskom discloses R38bn capital bill for cost plus coal

0
ESKOM, the South African power utility, said it would plough R38bn into so-called 'tied mines' including some R1.8bn for a new shaft at Matla,...

Gupta’s Oakbay hits out at “gravy train” in SA coal

0
OAKBAY Investments has hit back at a newspaper report that said it received a lucrative prepayment from Eskom for coal, saying the system through...

Sibanye suspends AMCU officials amid Kroondal intimidation

0
SIBANYE Gold's hardball approach to union misdemeanours took a fresh turn today after the company suspended six Association of Mineworkers & Construction Union (AMCU)...

Eskom “has a voice” in Anglo coal mine disposal plan

0
ESKOM, South Africa's power utility, would "have a voice" in the proposed sale of Anglo American's South African domestic coal mines, said Mark Cutifani,...

Glencore takes 2016 disposals to $3.2bn after ags deal

0
GLENCORE took asset disposals this year to $3.2bn following an agreement to sell a further stake in its agribusiness for $624.9m. The Swiss-headquartered mining and...

Platinum firms will opt for quality ounces: RBPlat’s Phiri

0
Royal Bafokeng Platinum (RBPlat) CEO, Steve Phiri, has joined the growing number who believe primary platinum production from South Africa will be cut, a...