Gold Fields to invest $1.4 billion in Ghana’s Damang mine
Gold Fields is to invest $1.4bn over an eight year period in its Damang mine in Ghana which will extend the life-of-mine (LOM) from...
Wesizwe goes for contract mining at Bakubung
Wesizwe Platinum’s Bakubung mine is to be developed and mined using contractors for the first 10 years of its life instead of being owner-operated...
RBPlat to weigh share issue as accelerates R4.75bn Styldrift I
ROYAL Bafokeng Platinum (RBPlat) is to apply the accelerator to its Styldrift I project following an improvement in the rand price of platinum.
This will...
DiamondCorp secures short-term future, but at hefty price
DIAMONDCORP has staved off the prospect of bankruptcy, at least in the short-term, after agreeing a £700,000 loan with its shareholder and lender Rasmala...
Build, buy or return: what will global miners do with their...
THE unexpected upturn in commodity prices this year has provided a "short-term window of opportunity of about six to nine months" to the global...
South32 grows cash to $551m in September quarter
SOUTH32 took net cash to more than half a billion dollars following another quarter of strong cash generation as well as registering improvements in...
PTM scopes for massive $1bn Waterberg palladium mine
PLATINUM Group Metals (PTM) today unveiled details of its palladium-rich Waterberg PGM project which would create 3,361 jobs and cost just over $1bn to...
Strong car sales “a statistical illusion” for platinum price
PLATINUM shares on the Johannesburg Stock Exchange defied the odds for most of this year; at least, those set down by investment analysts who...
Sibanye joins platinum big league as RPM deal live from Nov...
SIBANYE Gold's bid for the shafts of Rustenburg Platinum Mines (RPM) would be consummated by November 1 following approval of a change in control...
Guptas say R4bn in ‘unusual’ Optimum deals unrelated to Oakbay
OAKBAY Investments transactions worth just over R4bn flagged as "unusual and suspicious" by South African finance minister, Pravin Gordhan, related to Optimum Coal Mine...