Vedanta to build R8.7bn Gamsberg zinc project
UK mining group Vedanta is to spend R8.7bn building a zinc mine and smelter in South Africa's Northern Cape province.
VMR to have bidder short-list by end-November
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
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
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
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
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
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.
Lazarus Zim, a man resurrected
Two years ago, Lazarus Zim went to ground following the collapse of his Afripalm Resources. Today, he's back atop Northam Platinum's latest BEE incarnation.
Randgold back in black as debt blitzed
Randgold Resources generated enough cash in the third quarter to pay its RCF and said it was on target to produce a maiden one million ounces in gold this year.
Anglo to wait a year for De Beers credit
Anglo American CEO, Mark Cutifani, expected it would take more than a year before credit for De Beers' performance was factored into the UK firm's share.