Home News Page 843

News

Atlatsa gets R422m capital lift from Amplats

0
The volatile platinum market may see Atlatsa Resources require additional funds from its shareholder for certain capex and working capital at Bokoni Mine.

Sibanye restructure held up by commission

0
Sibanye Gold will first have to prove to the Competition Commission that it is not in contravention of a two-year moratorium on job losses owing to the merger with Cooke assets.

Vedanta to build R8.7bn Gamsberg zinc project

0
UK mining group Vedanta is to spend R8.7bn building a zinc mine and smelter in South Africa's Northern Cape province.

Vedanta has cracked Gamsberg: Kumar

0
Gamsberg is low-grade and contaminated, but Vedanta has 'cracked' the issue of manganese contamination, says Africa base metals CEO, Kishore Kumar.

VMR to have bidder short-list by end-November

0
Village Main Reef hopes to provide shareholders with greater clarity on whether it will sell the business or certain assets once it knows if suitors have the cash.

Zim smelter hard to justify at PGM prices

0
Aquarius Platinum has not provisioned for investment in a PGM smelter in Zimbabwe which may put it on a collision course with the Southern African country.

CRG reviews $150m offer from China’s Hiria

0
Central Rand Gold said it may sell its South African assets for $150m but had decided to suspend underground mining in the short-term.

AngloGold begins fresh round of cost cutting

0
The National Union of Mineworkers said it had held preliminary talks regarding voluntary separation packages for workers in some categories.

Lonmin stays axe, seeks to grow out of crisis

0
Lonmin aimed to sell more platinum in 2015 than in its previous two financial years as its 'restructuring' consisting of harvesting old mines and improving newer ones.

Northam bets platinum can only get better

0
Northam Platinum's empowerment deal is bold and could presage exciting times for shareholders. But it's worth remarking it's not the risk-free. Far from it.