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Bushveld Minerals hopes to prosper on beneficiation trail

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THE best that can be said for the South African government’s beneficiation programme in the mining sector is that it’s been a stop-start process....

Anglo appoints Cleaver De Beers CEO after Mellier bids adieu

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ANGLO American executive, Bruce Cleaver, will become CEO of De Beers following the resignation of Philippe Mellier who said he wanted to honour an...

Xtract’s Nelson sells Manica – for second time – in...

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JAN Nelson, CEO of Xtract Resources, a UK-listed mining development company, is to sell the firm's Manica project in Mozambique for $17.5m (R274m) -...

Panaf to buy R545m stake in Shanduka Gold; issues shares

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PAN African Resources (Panaf) is to raise R363.1m through a bookbuild with shareholders in South Africa and the UK in order to part pay...

Harmony considering West Africa gold expansion

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HARMONY Gold is considering plans to expand in Africa in an effort to dilute the risk presented by its mature South African operations from...

Former Amara investors wait on Perseus UK listing

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FORMER shareholders in Amara Mining, a UK listed company that merged with Australian firm, Perseus Mining, have been given the option of retaining their...

Rio Tinto defends Zimbabwe diamond sale amid storm

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Rio Tinto defended its decision to sell a 78% stake in Murowa Diamonds and Sengwa Colliery to RZ Murowa Holdings - a transaction that...

Lonmin feared to be in “vicious cycle” of under-investment

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SHARES in Lonmin – up about 141% this year - have a long way to go before clawing back the dramatic losses suffered between...

Gold Fields to approve $100m Damang expansion

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GOLD Fields was set to approve the expansion of its Damang mine in Ghana with a final decision on the $100m project due within...

AngloGold self-help raises hopes of dividends resumption

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THE invasion of hundreds of artisanal miners at AngloGold Ashanti’s Obuasi gold mine in Ghana is certainly distressing for the company, but analysts don’t...