Zimbabwe extends platinum tax deadline to end-2017
ZIMBABWE has again postponed a 15% tax on exports of unbeneficiated platinum group metals (PGMs) to 2018 so that miners can redouble their efforts...
Glencore’s Rosneft deal signals return to deal-making
GLENCORE'S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in...
Bristow plans recap of Rockwell after period of ‘fumigation’
A CONSORTIUM led by Mark Bristow, possibly assisted by a third party, would reinvest in Rockwell Diamonds following a period of "fumigation", the company...
Implats appoints Nico Muller as CEO, effective April 2017
IMPALA Platinum (Implats) has appointed former Gold Fields and Royal Bafokeng Platinum executive, Nico Muller, as its new CEO following the resignation of Terence...
Hummingbird fully funds $88m Yanfolila gold project
HUMMINGBIRD Resources has fully-funded its $88m Yanfolila gold project which is situated in west Africa's Mali following a $45m debt package, and $10m cost...
Gold Fields swaps royalty deals for 32% in Maverix Metals
GOLD Fields has exchanged a portfolio of eleven royalties it receives, which generated $6m last year, for a 32% stake in Maverix Metals, a...
Exxaro unconvinced Eskom’s 51% BEE target is “policy”
EXXARO Resources was unconvinced Eskom's demand for 51% black ownership in order to comply with its black economic empowerment (BEE) rules was policy.
"Up until...
Pan African gives green light to R1.74bn Elikhulu project
PAN African Resources has approved spending of R1.74bn on its Elikhulu Tailings project in Mpumalanga province - a venture that would yield 56,000 ounces...
Jubilee to deliver first platinum from Hernic plant in February
JUBILEE Platinum is on track to start commissioning its Hernic platinum recovery plant in December and then deliver the first platinum concentrates during February...
Eqstra to seek damages after Lucara ends R500m/year contract
LUCARA Diamond Corporation (Lucara) may have a fight on its hands after Extract Group said it would seek damages for a R500m per year...