Amplats’ Griffith has little margin for error
Anglo American Platinum’s Chris Griffith has inherited a rather unenviable
position in SA’s mining industry. However, he does seem to be extraordinarily
blessed with good fortune.
Gold One to hold Ezulwini by end of week
First Uranium says the sale of its Ezulwini mine to Gold One International is on
track, and is expected to be implemented on Wednesday.
Gold One eyes new prime assets
As Gold One International is about to add First Uranium’s Ezulwini to its
portfolio of assets, CEO Neal Froneman says the company may announce more
acquisitions before the end of the year.
Nicolau felt Amplats had already cut back
Speaking to Miningmx before his resignation, former Amplats CEO,
Neville Nicolau, said he didn’t see the point in cutting ounces only for the benefit of the rest of the industry.
Red tape heaps delay on Anglo’s Minas Rio
Legal and bureaucratic interruptions would delay Anglo’s Minas Rio iron ore
project once again, with an as yet undisclosed cost impact on the $5.8bn
project.
Atlatsa’s Bokoni will not be shut amid review
Atlatsa Resources said its R5bn recapitalisation programme with Amplats would
not be complete in July as forecast, but added there were no plans to close its
Bokoni mines amid Amplats’ restructuring review.
Lonmin hauls in capex, output growth
Lonmin cut production growth and said it might refinance its balance sheet amid
pricing conditions which, it said, may persist longer than anticipated.
Gold Fields suspends Tarkwa heap leaching
Gold Fields said it was seeking reopening of its heap leaching activities at
Tarkwa gold mine in Ghana after offering to build water treatment facilities
there.
CoAL shares waiting on three key triggers
Shares in Coal of Africa are nearly 50% weaker since the beginning of the year,
but management remains adamant the share will recover. Here’s three
reasons why.
Amsa sets out fresh Kumba iron ore dispute
Nonkululeko Nyembezi-Heita said the Phoenix project was part of Thabazimbi, a
mine from which it has a supply agreement.