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Platinum Kruger Rand “may help stop the rot’

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Platfields CEO Bongani Mbindwane says the introduction of a platinum coin may create a new long-term source of demand for the beleaguered sector.

Xstrata asks for vote delay on Glencore deal

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Global miner Xstrata has asked to postpone the July 12 special shareholder meeting on its proposed merger with commodities trader Glencore.

Central Rand Gold looks to a second coming

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Central Rand Gold may well become a modern-day Lazarus after being left for dead by the markets barely nine months ago.

Gold Fields on track to achieve guidance

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Gold Fields is on track to achieve its ouput guidance for 2012, after producing 862,000 oz of gold during the second quarter.

Aquarius pleads with peers over cutbacks

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Aquarius Platinum says it hopes other industry players follow its example and cut unneeded production.

DRDGold in R111m bond issue

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The JSE has granted DRDGold a listing for a domestic medium-term note programme, paving the way for the gold miner to raise R111m.

More delays to mining law revision

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A member of parliament’s portfolio committee on mineral resources has poured cold water on expectations that the long-anticipated revision of SA’s mining legislation will be finalised by year-end.

ANC fails to end regulatory confusion

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The ANC policy conference has failed to end uncertainty over policy and regulatory issues that the mining industry was hoping would be put to bed.

Business warns ANC: be clear!

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Business leaders attending the ANC’s policy conference have appealed for certainty and warned that a lack of clarity may lead to a plunge in business confidence.

Platinum workers dig in uncertainty

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The scaling down of operations at Aquarius Platinum’s Marikana Shaft 4 has brought uncertainty to the local economy of the community where the mine is based.