Coal miners say Eskom contract changes unworkable
SOUTH African coal mining executives said proposals by Eskom aimed at ensuring the quality of coal it consumes would make it more difficult to...
Kenmare surges as investors rally support for $368m deleverage
SHARES in UK-listed mineral sands producer, Kenmare Resources, surged a fifth as it edged closer to an overhaul of its balance sheet which will...
Metals price correction typifies lower for longer market
THE annual mining survey produced by consulting firm, PwC – ‘Mine2015’ - shows just what a kicking the world’s mining sector has received. Based...
Junior mining in South Africa..? Think again.
SPARE a thought for the junior mining companies. If it’s hard for large mining firms to attract investment and raise capital, then you can...
JV with Implats among Sibanye’s platinum options
POOL and share agreements, joint ventures, or sales of mineral resources between adjacent mineral right holders were among the mechanisms through which Sibanye Gold...
Miners to return to work at Northam’s Zondereinde
EMPLOYEES at Northam Platinum's Zondereinde mine were expected to return to work tonight after eight days of downtime following an outbreak of violence at...
Endeavour to issue C$125m in shares as gears for high capex
TORONTO-listed gold producer Endeavour Mining has unveiled plans to bolster its balance sheet ahead of an acceleration in its West Africa organic growth ambitions,...
Eskom discloses R38bn capital bill for cost plus coal
ESKOM, the South African power utility, said it would plough R38bn into so-called 'tied mines' including some R1.8bn for a new shaft at Matla,...
Gupta’s Oakbay hits out at “gravy train” in SA coal
OAKBAY Investments has hit back at a newspaper report that said it received a lucrative prepayment from Eskom for coal, saying the system through...
Sibanye suspends AMCU officials amid Kroondal intimidation
SIBANYE Gold's hardball approach to union misdemeanours took a fresh turn today after the company suspended six Association of Mineworkers & Construction Union (AMCU)...