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BME hoping to blow open international explosives market

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CHEMICALS business Omina Holdings has staged a remarkable turnaround in the last four years. Since tapping shareholders for R2bn in 2019, the company has returned...

Mantashe says Govt’s exploration fund in “full swing”

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THE South African government's exploration fund had attracted 115 applications since its launch in February, said minerals and energy minister, Gwede Mantashe. The fund was "in...

Ghana targets massive increase in gold production

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GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces. Martin...

Congo looking for buyers of artisanal gold

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THE Democratic Republic of Congo is looking for new buyers of artisanally mined gold from its eastern territories after taking full control of Primera...

South32 CEO would welcome mining sector megadeals

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SOUTH32 would welcome an increase in mining sector mergers and acquisitions as it would create collateral opportunities for the company. "From our point of view,...

Mining has a problem with permits

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Ask any mining boss what causes evening sweats, and it’s probably not a posse of cute rodents, or tumps of seemingly unremarkable grasses. Yet for...

Sibanye-Stillwater earnings plummet as axe hovers over US mine

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SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...

Dunne says PGM projects like Platreef expansion in doubt

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NORTHAM Platinum CEO Paul Dunne has dumped cold water over the various junior miners trying to get into the platinum sector and has also...

Transnet scores R5bn loan from New Development Bank

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TRANSNET has secured a R5bn loan from the New Development Bank, formerly the BRICS Development Bank, for the modernisation of its freight rail infrastructure. "This...

Northam warns of “inevitable depletion” for PGM industry

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SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices...