Anglo under no pressure to bundle or sell SA mines to...
IT’S now become clear that the South African government wants Anglo American to ‘sell’ its thermal coal mines and 70% stake in Kumba Iron...
AngloGold describes Obuasi invasion as “surreal”
THE situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana - which has been invaded by thousands of illegal miners - has stunned management...
Atlatsa hit by up to 12 month delay at Bokoni, shuts...
ATLATSA Resources' operational travails at its Bokoni Mines continued in the six months ended June with the company electing to shut its Klipfontein opencast...
AngloGold says mass safety audits debilitate its mines
SRINIVASAN Venkatakrishnan, CEO of AngloGold Ashanti, has added his voice to criticism that the South African government is wrongly applying safety-related audits and checks.
He...
AngloGold to fire up dividend in 2017 as net debt cut...
ANGLOGOLD Ashanti made hay amid an improved gold price and weaker local currencies against the dollar cutting net debt by a third and positioning...
Why it’s so hard to mine in SA’s North West province
LONMIN warned shareholders that whilst the second half of its financial year was seasonally better than the first – with normally less disruptions –...
Cash burning Lonmin at risk if it agrees to double digit...
Analysts fear a hefty wage increase will heap further pressure on Lonmin which, try as it might, can’t seem to stop the cash burn...
Wiese hopes to lure Trans Hex minorities with R3.94/share bid
TRANS Hex minority shareholders will be offered R3.94 per share in terms of a takeover launched earlier this week by Christo Wiese and RAC...
Northam’s Booysendal hits stride with 160,000 oz/year run rate
NORTHAM Platinum is expected to report a run-rate of about 160,000 ounces of platinum group metals (PGMs) from its Booysendal North UG2 project when...
Glencore’s SA coal slumps a third on Optimum closure
SWISS-headquartered trading and mining group, Glencore, produced 14% less coal in the six months ended June 30, equal to 9.9 million tonnes (mt), owing...