Perseus nearing $80m debt deal for Sissingué
A debt finance package of up to $80m for the $106m Sissingué gold project in Côte d’Ivoire was imminent after "very, very good" discussions,...
Vedanta pondering increase in 2017 Gamsberg capex
Vedanta Resources may accelerate spending on its $400m Gamsberg zinc project this year as the venture had been significantly de-risked, said Tom Albanese, CEO...
Sibanye won’t soft soap unions after Kroondal strike ended
SIBANYE Gold said it would remain consistent in its treatment of unprotected strikes following a decision by the Association of Mineworkers & Construction Union...
Anglo mulling Johannesburg office change
ABOUT 300 employees of De Beers will later this year make the 3.7km trip from 17 Charterhouse Street, offices for the diamond group for...
Sibanye wins interdict against AMCU Kroondal strike
THE Association of Mineworkers & Construction Union (AMCU) has been prevented from rallying members to strike at Sibanye Gold's Kroondal platinum opeations.
This followed...
Bushveld Minerals hopes to prosper on beneficiation trail
THE best that can be said for the South African government’s beneficiation programme in the mining sector is that it’s been a stop-start process....
Anglo appoints Cleaver De Beers CEO after Mellier bids adieu
ANGLO American executive, Bruce Cleaver, will become CEO of De Beers following the resignation of Philippe Mellier who said he wanted to honour an...
Xtract’s Nelson sells Manica – for second time – in...
JAN Nelson, CEO of Xtract Resources, a UK-listed mining development company, is to sell the firm's Manica project in Mozambique for $17.5m (R274m) -...
Panaf to buy R545m stake in Shanduka Gold; issues shares
PAN African Resources (Panaf) is to raise R363.1m through a bookbuild with shareholders in South Africa and the UK in order to part pay...
Harmony considering West Africa gold expansion
HARMONY Gold is considering plans to expand in Africa in an effort to dilute the risk presented by its mature South African operations from...