Lonmin loses R40m in revenue after seven-day Bapo protest
LONMIN had lost about R40m in revenue following week-long community disruptions at its Marikana operation in which damage to property and intimidation of employees...
Tharisa to pay R303m for MCC mining fleet purchase
PLATINUM group metal (PGM) and chrome producer, Tharisa, confirmed plans to convert to owner-operatorship of its Tharisa mine near Rustenburg at a cost of...
Harmony out-performs. But what happens when its hedges expire?
THE March quarter is traditionally a difficult three months for South Africa's gold companies to manage because it takes time to return to full...
First Quantum overhang to end as Zambia relents on fraud claim
PRESSURE on shares in First Quantum Minerals would be lifted if Zambia's president, Edgar Lungu, asks his country's legal authorities to drop a fraud...
South32 lowers Illawarra output 10% following gas concentrations
SOUTH32 said production from its Illawarra Metallurgical Coal operation in Australia's New South Wales would be at least 10% lower than its previous guidance...
“Persistent palladium deficit” bodes well for Sibanye’s R27bn gambit
SIBANYE Gold received a boost following publication of the GFMS Platinum Metals Group Survey which said palladium was in a "persistent deficit" and forecast...
Gold target in reach for Harmony despite seasonal failings
THE 'customary' slow start to the calendar year was behind a 7% quarter-on-quarter drop in production at Harmony Gold, but the firm said its...
Golden Star confident Prestea is launch pad for 300,000 oz/year
GOLDEN Star Resources, a New York-listed gold firm operating in Ghana, has earmarked the second half of 2017 as a period in which it...
AngloGold to review SA mines after troubled start to 2017
ANGLOGOLD Ashanti is to review its South African operations after they had a troubled start to the 2017 financial year in which the group...
B2Gold output to benefit from “golden bookend” Fekola
B2GOLD, the Toronto-listed company developing Mali's Fekola mine, was expected to upgrade 2017 production guidance currently estimated at between 545,000 to 595,000 ounces.
Guidance includes...