AngloGold to fire up dividend in 2017 as net debt cut...
ANGLOGOLD Ashanti made hay amid an improved gold price and weaker local currencies against the dollar cutting net debt by a third and positioning...
Why it’s so hard to mine in SA’s North West province
LONMIN warned shareholders that whilst the second half of its financial year was seasonally better than the first – with normally less disruptions –...
Cash burning Lonmin at risk if it agrees to double digit...
Analysts fear a hefty wage increase will heap further pressure on Lonmin which, try as it might, can’t seem to stop the cash burn...
Wiese hopes to lure Trans Hex minorities with R3.94/share bid
TRANS Hex minority shareholders will be offered R3.94 per share in terms of a takeover launched earlier this week by Christo Wiese and RAC...
Northam’s Booysendal hits stride with 160,000 oz/year run rate
NORTHAM Platinum is expected to report a run-rate of about 160,000 ounces of platinum group metals (PGMs) from its Booysendal North UG2 project when...
Glencore’s SA coal slumps a third on Optimum closure
SWISS-headquartered trading and mining group, Glencore, produced 14% less coal in the six months ended June 30, equal to 9.9 million tonnes (mt), owing...
Govt warned against haste for MPRDA to withstand Concourt test
SOUTH Africa’s lawmakers should take heed that they do not rush legislation through parliamentary processes without proper public consultation, said Peter Leon, Africa co-chair...
GEM may reassess 2016 guidance as snow storm batters Letšeng
GEM Diamonds may need to reassess its full-year guidance for tonnes mined and costs after "severe" weather conditions battered its Letšeng mine which is...
Resgen scores coup for Limpopo with R5.5bn Boikarabelo funding
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development company, said it had secured R5.52bn (A$515m) in finance to complete construction of the 12...
Cash back on table as SA miners make “return to earnings”
ANGLO American Platinum (Amplats) and Kumba Iron Ore (Kumba), the two listed South African subsidiaries of Anglo American, produced a combined R7.6bn in free...