Lonmin woes deepen as COO resigns for “personal reasons”
LONMIN suffered a body blow today with the departure of its chief operating officer Ben Moolman who has resigned owing to "personal reasons".
"The board...
Sibanye cuts platinum reserves at RPM, Kroondal
SIBANYE Gold reduced estimated mineral reserves at its newly acquired platinum (4E) operations by some 12.5 million ounces of which about half were at...
Capture of DMR all but complete, says shadow mines minister
THE capture of South Africa's Department of Mineral Resources (DMR) by vested interests was imminent.
This was the import of a statement issued by James...
Holland defends Gold Fields’ multi-billion rand project pipeline
A FEATURE of Gold Fields’ year-end results presentation last month was the degree of development risk the group is taking on in an effort...
Zwane DG appointment pulls rug from under CoM, again
SOUTH Africa's Department of Mineral Resources (DMR) gave further evidence it was increasingly taking a unilateral approach to regulating the industry as it unveiled...
Exxaro rediscovers winning feeling as full-year earnings soar
HIGHER coal prices brought the beat back into Exxaro Resources' earnings in the 2016 financial year in which it will report attributable share earnings...
Resgen targets April for Eskom deal, to raise R550m with TFR
RESOURCE Generation (Resgen) has put a new deadline of mid-2017 for the $400m required to complete funding of Boikarabelo, a six million tonne a...
Amplats sacrifices leverage to platinum for more process margin
ONE of the interesting elements of Anglo American Platinum’s (Amplats’) divestments of non-core assets is how it has been able to dispense with the...
Glencore to retain 50% share of Mototolo with Amplats
GLENCORE has all but exited the platinum industry following the unbundling of its Lonmin stake to shareholders in 2015, and the sale of Eland...
RBPlat bounces back to profit but BRPM shaft “under review”
ROYAL Bafokeng Platinum (RBPlat) bounced back into profit owing to an improvement in the rand basket price of its platinum group metals (PGMs), but...