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AngloGold wary of SA unbundling benefits

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AngloGold Ashanti declared itself underwhelmed by the investor response to the unbundling of Gold Fields' SA assets and said it would focus on other initiatives first.

“Leave Kalahari alone”, warns founder

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Daphne Mashile-Nkosi has warned Sandi Majali and Stephen Khoza off Kalahari Resources, the company she chairs, which they claim has perpetrated tax fraud.

Wesizwe goes for contract mining at Bakubung

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Wesizwe Platinum’s Bakubung mine is to be developed and mined using contractors for the first 10 years of its life instead of being owner-operated...

Pan African to play it cool on rights offer

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Pan African Resources will not dilute existing shareholders by more than 10% in pursuing a rights offer to help fund the R1.5bn acquisition of Evander from Harmony Gold.

RBPlat puts brakes on R10bn Styldrift venture

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Platinum company also said operational problems, load-shedding and safety stoppages contributed to a dismal first half of the financial year.

Relief as Banro Corp. employes returned safe after hostage crisis

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FOUR employees of Banro Corporation who had been taken hostage whilst working at the firm's Namoya gold mine in the Democratic Republic of Congo...

Buoyant PGMs help resurgent Tharisa lift payout ratio, but firm warns...

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A 58% increase in average platinum group metal (PGM) prices helped Tharisa to one of its best ever financial years despite the impact of...

Sibanye-Stillwater concludes €85m takeover of Sandouville nickel facility

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SIBANYE-Stillwater said today it had completed the €85m (R1.5bn) purchase of Sandouville, nickel processing facilities in France. The transaction was first announced in November and...

Metorex Ruashi plant back on stream

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Metorex, the base metals mining group, says a planned shutdown to carry out essential maintenance at the Ruashi Mine in Congo (DRC) had been completed.

Aquarius ups Kroondal output for sixth quarter

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Aquarius Platinum provided further proof of why Anglo American Platinum chose to retain its joint venture with the company.