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.
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.
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.
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.
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.
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.
Kumba may restate reserves as waits on DMR
Kumba Iron Ore says it expected to receive its mining right but perhaps not before the year-end which could involve a restatement of reserves at Sishen.