Jubilee bags chrome resources
Jubilee Platinum wins the right to retreat platinum group element tailings on the
Dilokong mine, hailed by the firm as a major advance in its strategy.
CoAL reports massive lift in coal resources
Coal of Africa has updated its resource statement from three properties in its
now consolidated Soutpansberg portfolio, a development it describes as a
milestone.
CoAL hints at extending Exxaro equity link
Coal of Africa said the sheer scale of its Soutpansberg coalfields would create
opportunities for equity investment with Exxaro, but added Exxaro had yet to
ink the initial Makhado investment.
Wescoal confirms financial turnaround
Wescoal serves notice that last year's poor financial performance is a thing of the
past.
First Uranium asset sales approved
First Uranium shareholders have approved the sale of the company’s key assets,
setting in motion a process that will see the failed gold miner wind down its
operations.
Nkwe has IDC “in sights’ for R6bn Garatau project
The Australian-listed platinum firm says low cost nature of mine will help attract
investors despite harrowing times for the platinum industry.
Minorities in U-turn on First Uranium deals
The sale of gold producer First Uranium’s key assets is close to a done deal after
a block of minority shareholders ran out of options in a battle to stop the
transactions.
Govt to test platinum lifeboat options
Amid another platinum mine closure, the South African government says it is
studying options for intervening in the sector in an effort to help save jobs.
Village looks for Lesego partner
Village Main Reef says it is looking for a partner to advance its sole platinum
asset as a pre-feasibility study shows a possible return rate of 18% for the
asset.
AEMFC’s next project close to launch
State-owned miner AEMFC is now in the post-feasibility phase of its second
project, the T-Project outside Bethal, which will produce 4.6 million tonnes of
coal per year.