Wesizwe says PTM project ‘below criteria’
Wesizwe Platinum gives a brief explanation for its decision not to fund its portion of PTM's Western Bushveld Joint Venture, adding its Bakubung project was "well funded".
PTM surges as talks open with new investors
Shares in Platinum Group Metals staged a comeback as the company said it had opened talks with replacement partners for its WBJV mine.
Africa Wide skittles $506m PTM project
PTM stands to lose $260m in project funding and may have to search for a new empowerment partner as Africa Wide delivers the WBJV a serious body-blow.
Anglo’s Kumba to miss 40mt export forecast
Although expected, the decline in export volumes will heap pressure on Kumba CEO, Norman Mbazima who knows Anglo hasn't the stomach for under-performance.
Amplats 2.3m oz target unshaken by strike
Amplats was a highlight of Anglo American's third quarter production figures, but Kumba Iron Ore said export volumes would miss the forecast 40mt level.
Pan African says Navachab talk is premature
In possibly the most reluctant and qualified statement of the year, Pan African Resources says there can be no certainty it will bid for AngloGold's Navachab.
Newplat success is double-edged sword for SA
Good opportunism by Absa Capital to have seen the gap for a platinum debenture, but it's popularity is also a way of going short on SA platinum output.
RoC assures Equatorial, Exxaro of ‘open access’
The Republic of Congo said infrastructure would remain state-owned and be open access which is good news for juniors such as Equatorial Resources.
Forbes in R45m legal fight with Rio Tinto
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.
DMR to lift game as auditor qualifies figures
The DMR acknowleged it could not cope with industry growth whilst also revealing its financial statements carried a qualified audit opinion on revenue collections.