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Zim warns platinum firms on smelter deadline

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Zimbabwe's government has warned platinum miners due to attend a mining indaba in the country of the need to respect a year-end deadline for a smelter.

AngloGold lauded as cost cutting bears fruit

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The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.

Lonmin weighs legal options to end strike

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Lonmin is considering legal options to bring a 17-week strike at its operations in the platinum belt to an end, saying the stoppage has become "dysfunctional'.

Exxaro raises R1bn in bond issues

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Exxaro Resources successfully raised R480m and R520m in two bond issuances in an effort to diversify its funding base.

Implats keeps mine shut, executive pay held

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Impala Platinum said it would keep its Rustenburg mine closed until the safety of its employees wanting to return to work could be guaranteed.

SA on power alert as Eskom mulls load-shedding

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Eskom said load-shedding may become necessary unless demand was pulled back 10% with industrial users already complying.

Atlatsa lifts output 19%, benefits from rand

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Atlatsa overcame safety related work stoppages and heavy rain in the first quarter to lift production which, coupled with the weaker rand, saw its cash margin increase.

Caledonia to extend Blanket to 750m depth

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Zimbabwean gold producer Caledonia Mining Corporation will dig for gold at a depth of 750 metres as part of the operation's expansion strategy.

DRDGold declines to set date for FFG fix

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DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.

AMCU petition to be ‘strongly opposed’

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South Africa's platinum producers said they would strongly oppose a petition launched by AMCU that they desist from communicating with the union's members.