First Uranium outlines stark choices
First Uranium has spelled out the possible consequences if shareholders reject the sale of the company’s key assets to AngloGold Ashanti and Gold One International.
Implats in Canadian exploration deal
Canadian junior Northern Shield Resources and Impala Platinum (Implats) have signed an option and joint venture agreement for a northern Quebec-based project.
Platinum stockpile ‘halts’ price gains
A stockpile of 4.5m oz of platinum has accumulated in the global market in the past four years and will dampen any liveliness in the price of the metal, says GFMS.
Village offered R1bn for Tau Lekoa
UPDATED: Village Main Reef’s shares are on the rise following an announcement that the company has received a R1bn unsolicited offer for Tau Lekoa.
Sekoko’s Waterberg JV scoops $400m finance deal
The Waterberg coal JV between Sekoko Resources and Firestone Energy is back on track with the introduction of a new shareholder and $400m financing commitment.
Metmar questions legality of ‘chrome export ban’
Implementation of a proposed $100 per tonne levy on chrome exports will
effectively 'ban' the industry, and may not stand up constitutionally, says Metmar's
David Ellwood.
April sees lowest mine casualty figures “ever’
The month of April has seen the lowest number of mining fatalities ever,
according to Mines Minister Susan Shabangu, who says this vindicates her
department’s tough safety stance.
ResGen granted water licence
Resource Generation says it has been granted a water use licence for its proposed Boikarabelo coal mine in the Waterberg-area.
Mining Lekgotla planned for June
Roleplayers in the mining industry, labour and government have announced the staging of a Mining Lekgotla to put their heads together on the sector’s future challenges.
Lower grades, coup knock Randgold’s output
Randgold Resources didn’t escape the knock-on effects of the recent military
coup in Mali, with production down almost a fifth at the group’s key assets in
the West African country and costs rising significantly as a consequence.