Zimbabwe adopts Pallinghurst blueprint for $500m in platinum beneficiation
THE Zimbabwean cabinet has today agreed to a proposal by South Africa's Pallinghurst Resources and the Industrial Development Corporation (IDC) that will lead to...
PTM asks Amplats for indicative offer as considers Maseve sale
ONE of the strategic options considered by Toronto-listed miner, Platinum Group Metals (PTM), regarding its struggling Maseve platinum mine in South Africa's Bushveld Complex...
Tharisa flies on chrome boom, but it warns market is volatile
SHARES in Tharisa, a chrome and platinum producer, were over 6% higher on the Johannesburg Stock Exchange today after the company filed interim figures...
Reopening mothballed shafts may yield 250koz/year for Lonmin
LONMIN was studying the feasibility of reopening shafts that could yield between 200,000 to 250,000 ounces a year of platinum group metals (PGM), roughly...
Lonmin cash burn continues apace as H1 output slides
LONMIN continued to lose money in the six months ended March leaking 32.9 cents per share (2016: 37.3c/share), equal to $48m, following an operating...
Lonmin output losses mount as Bapo protests set to continue
EFFORTS to resume production at two shafts at Lonmin's Marikana mine ended in disappointment for the platinum miner which said its revenue loss following...
Mining Charter 3 may not see light of day in 2017
A PRESENTATION by the Department of Mineral Resources (DMR) to the Portfolio Committee on Mineral Resources earlier this week in South Africa's parliament suggested...
Govt had no choice in Molefe’s Eskom return, says Lynne Brown
PUBLIC Enterprises minister, Lynne Brown, said the South African government had no choice but to support Eskom's decision to re-employ Brian Molefe as CEO...
Dismay, threats of interdict as SA absorbs Molefe reappointment
BRIAN Molefe is to return as CEO of South African power utility, Eskom, barely four months after stepping down amid controversy he assisted the...
Endeavour paves way for Ity project after lifting stake to 80%
ENDEAVOUR Mining is to pay $52m in order to lift its stake in the 76,000 ounce per year Ity mine to 80% from its...