Lucara fields inquiries “every week” for 1,111 carat Lesedi gem
LUCARA Diamond Corporation was receiving two to three inquiries per week from people interested in buying Lesedi La Rona (Our Light), a 1,111 carat...
Koko defends Eskom amid dispute with eight coal miners
WHEN Coal of Africa (CoAL) unveiled plans to takeover Universal Coal, an Australian-listed company operating in Mpumalanga province, it said this might be the...
Resgen sizing up Boikarabelo as IPP prospect in 2017
Exxaro Resources is expected to be one of two Independent Power Producers (IPPs) identified by the Department of Energy (DoE) in the first round...
Randgold takes beating, but vows to reach 1.25moz gold forecast
RANDGOLD Resources CEO, Mark Bristow, described the second quarter as "one of the toughest in years", but vowed to catch up on its 1.25...
SA banks “drop their pencils” on Eskom coal deals
SOUTH African banking sources have said Eskom's decision not to invest in new coal expansions has made it more difficult to fund energy security.
"We...
Rio to restructure Simandou for Chinese infrastructure
RIO Tinto said it would restructure the Simandou iron ore project in Guinea to "... facilitate access to infrastructure funding from China".
The Anglo-Australian group's...
Panaf to post earnings boost after Barberton, Evander raise game
PAN African Resources (Panaf) said higher gold production and a 21.6% increase in the average rand per kilogram price of gold would take full-year...
RBPlat to start Styldrift I in 2017 citing “cautious” market optimism
ROYAL Bafokeng Platinum (RBPlat) is to press ahead with mining at its R10.5bn Styldrift project in January after delaying its commissioning last year, saying...
Merafe tipped to thrive as SA chrome supply withers
MERAFE Resources shares firmed slightly to around 90 cents on the JSE today after the release of interim results showing the ferrochrome producer had...
Lonmin yet to see restructuring boost, but sticks to 700koz target
LONMIN forecast it would meet full-year platinum sales guidance of 700,000 ounces for its 2016 financial year, but said that it had not yet...