Union rivalry again halts Implats operations
Implats says its Rustenburg operations will be affected by 3,000 platinum ounces daily due to another union rivalry-related unprotected work stoppage.
Rockwell finalises two strategic projects
Rockwell Diamonds says it has successfully completed the installation of a new in-field screen and the bulk x-ray and single particle sorter plant at its Saxendrift mine.
Platinum outlook worsens
One can't imagine South Africa’s platinum producers being in celebratory mood following the latest round of market forecasts.
Gold One ‘won’t pay more’ for Ezulwini
Gold One International CEO Neal Froneman says the company won’t offer more for Ezulwini than the $70m already on the table, adding the asset is unlikely to be viable as a stand-alone entity.
DiamondCorp in R280m loan deal with IDC
DiamondCorp subsidiary Lace Diamond Mines has entered into a R280m loan term sheet agreement with the Industrial Development Corporation.
A new breed of black miners
Despite well-documented frustrations, the South African mining industry is changing, albeit slowly.
Law firm raises concern over rights auction
Legal firm Webber Wentzel says it is concerned about the Department of Mineral
Resources’ proposed auction of lapsed or revoked rights.
Gold Fields claims its own Wafi-Golpu
Gold Fields says its prospect in the Philippines, Far Southeast, may be similar in scale to Harmony Gold’s much acclaimed Wafi-Golpu resource in Papua New Guinea.
Govt to test AMD solutions “in open market”
Solutions to acid mine drainage, which is threatening to pollute ground water and
river systems in the Witwatersrand, would be sought from the open market, Edna
Molewa, water and environmental affairs minister has said.
Output, costs hit Gold Fields’ profits
Gold Fields’ operations in West Africa to some extent made up for production losses elsewhere in the first quarter, but its margins came under pressure, hitting the group’s bottom line.