Endeavour’s gold output guided up to 10% higher in 2017
ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per...
Petra insists challenging illegal mining not an output threat
DEALING with the illegal miners operating on surface on mining rights belonging to Petra Diamond’s Kimberley Ekapa Mining (KEM) joint venture "... remains...
Job cuts at AngloGold SA mines crucial precursor to reinvestment
THE viability of its current operation as well as several projects that would extend the lives of its South African mines partly rested on...
Lonmin’s Magara frets over irreparable damage of PGM slump
PLATINUM consumers do not believe the dire warnings over a future supply crunch in the metal being sounded by the South African platinum miners...
Steel markets too volatile for IDC’s $5bn homegrown steel mill
THE Industrial Development Corporation's (IDC's) plan for a homegrown steel mill has been put on the backburner with the state-owned company saying its feasibility...
Acacia ‘has potential’ to beat dividend policy after strong year
ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...
South32 “strengthens” cash, lifts SA manganese output
SOUTH32 lifted the prospect of building on its debut dividend last year after the Perth-based firm's CEO, Graham Kerr, said it had "strengthened" its...
Sibanye clears anti-trust condition as ‘first step’ in Stillwater bid
NEAL Froneman, CEO of Sibanye Gold, described approval of US anti-trust conditions as "an important first step" in its audacious R30bn takeover of Stillwater...
Keaton left tapping fingers on Vaalkrantz ministerial consent
KEATON Energy CEO, Mandi Glad, expressed her disappointment with the time it was taking to win ministerial consent for the sale of the firm's...
Rockwell pins hopes on $8m business restructure amid Q3 loss
ROCKWELL Diamonds posted a $5.5m net loss for the third quarter (2016: -$10.5m), but said a $8m spending plan, approved by the board on...