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Impending Pt recovery to spur Sedibelo listing

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Brian Gilbertson, chairman of Pallinghurst Resources, said its Sedibelo Platinum Mines would list once a platinum supply deficit had kicked in.

Doornkop tragedy, safety fears hit Harmony

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The March quarter will be a blow to the aspirations of Harmony Gold to thrive at a lower gold price with production hit by safety fears, flooding and stoppages.

Tharisa seeks R1bn in April JSE listing

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Tharisa is to join the main board of the JSE on April 8 where it will raise R1bn to repay debt, and develop its chrome and platinum Bushveld complex mine.

Platinum firms warn strike making mines unviable

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South Africa's platinum firms Implats, Lonmin and Amplats is making a portion of the country's platinum reserves unviable.

Maseve to provide Wesizwe Pt with warchest

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Shares in the Maseve platinum project will provide Wesizwe Platinum with some of the funds to fully finance its R10.7bn Bakubung project.

Output at Grootegeluk cut to 70% during rains

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Despite the production cut, however, Grootegeluk continued to supply Eskom's Matimba power station using stockpiles.

Exxaro’s Grootegeluk flooded – pics

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A stark reminder of how excessive rainfall can seriously hamper the supply of coal to Eskom's power stations.

NAMF in crisis talks to save $120m fund

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The New Africa Mining Fund is in talks that could result in a restructure of its second $120m venture capital fund.

VMR investors back Dippenaar on Tau Lekoa

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Shareholders in Village Main Reef (VMR) backed the firm's CEO, Ferdi Dippenaar, and said bids for Tau Lekoa must be through an accumulation of VMR shares.

DRDGold rolls up BEE structure in R200m deal

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DRDGold is to issue about 45.5 million shares worth R200m at the current share price in an effort to shift its BEE partners from the asset to the corporate level.