Home News Page 835

News

Pan African’s Holding retires, Loots steps up

0
Ron Holding, who is 62, has taken retirement and will be replaced by former Shanduka Resources MD, Cobus Loots.

MPRDA amendments may be revisited

0
South African mines minister, Ngoako Ramatlhodi, declined to guarantee proposed amendments to mining law would not revisited in Parliament.

Zimbabwe lays down platinum levy ultimatum

0
Platinum group metal producers in Zimbabwe have until February 10 to agree "a concrete plan" for a refinery or face a 15% levy on unbeneficiated exports.

Is Ramatlhodi’s mining champion a good idea?

0
Ngoako Ramatlhodi's vision for "a national champion" provides an interesting insight into the South African mine minister's vision for the industry.

SA gold share climb supported by rand

0
South African gold shares hit the ground running this year but analysts believe a weak rand will help them to further ratings improvements.

Debt shortage to drive mining M&A in 2015

0
A lack of quality debt finance to all but the largest mining companies would see the private sector helping to drive more merger and acquisition activity in 2015.

RioZim chases $10m for gold mine restart

0
RioZim, an associate of Rio Tinto, is seeking $10m in a rights offer to pay for the reopening of its Cam and Motor gold mining project in Zimbabwe.

Sibanye unveils R50m profit plan for Cooke 4

0
Sibanye Gold unveiled plans to save jobs at its Cooke 4 section primarily through a new work cycle which will add up to R50m in profits a year.

Implats seeking clarity on 15% Zimbabwe levy

0
Impala Platinum said it was unsure whether Zimbabwe intended imposing a 15% levy on unbeneficiated ore, a development that could hurt its 50% Mimosa stake.

Glencore may cut capex $2bn to protect dividend

0
Glencore may have to cut up to $2bn in capital expenditure to preserve its credit rating and cover its dividend, analysts said.