Saturday, December 15, 2018

South Africa's largest copper mine, Palabora Mining, said it was using alternative rail routes to export magnetite and vermiculite after a bridge in Limpopo was destroyed last week.

The Australian group Firestone Energy, which plans to develop coal projects in SA, has requested that trading in its shares be suspended.

After keeping a low profile for the past two years entrepreneur Sam Jonah has surfaced as the venture capitalist behind an innovative iron manufacturing venture involving Palabora.

A new report shows gold miners have turned to net hedging for the first time since 2005, but it was mostly due to project financing and there was little appetite for "strategic" hedging.

Hidden Valley, Harmony Gold Mining's first offshore greenfields project, is strategically important for the company said Harmony CEO Graham Briggs.

The search for the remaining missing miner at the Bambanani Mine in the Free State has ended with the recovery of his remains.

Government's proposed public-private partnership for environmental conservation has in principle been accepted by the mining sector to address acid mine drainage.

Gold is expected to surge higher than $1,400/oz, but the experts are at loggerheds about how long the commodity will stay at the top.

Impala Platinum is almost certainly the company bidding to buy the Bafokeng Rasimone Platinum Mine because there are compelling strategic reasons why it wants the asset.

The proposed listing of Royal Bafokeng Platinum has been placed on hold while its shareholders dwell on an unsolicited offer to buy Royal Bafokeng Rasimone Mine, RBPlat's key asset.