ARM dumps Namibian gold project
Diversified SA miner African Rainbow Minerals plans to divest from a gold project in Namibia by June and finalise development of a copper project in Zambia this year, it says.
Eastplats deepens loss after spending R31m in legacy issues
EASTERN Platinum (Eastplats), a Canadian company now under the control of Chinese investment firm, Ka An Development Company (Ka An), said it had spent...
‘Neutral’ Lonmin shows $120m Q1 cash outflow
Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.
Rival unions shatter fragile peace at Amplats
The spotlight has been thrown again on the fragile nature of labour relations on SA's mines after at least 13 employees at Amplats were injured in mine violence.
JP Morgan warns over slumping platinum output
JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.
Mugabe will make final call on PGM refinery
It would be left to Zimbabwean president Robert Mugabe and his coterie of close advisors to decide whether the country should have a platinum refinery in short order.
PTM receives interest from potential Waterberg investors, starts offtake discussions
PLATINUM Group Metals (PTM) was assessing mine financing and metal offtake alternatives for its Waterberg Project in South Africa's Limpopo province after Impala Platinum...
Eastplats completes equity finance deal
Eastern Platinum has finalised an equity financing process of R2.3bn, issuing 224 million new shares.
Implats finally bows to Zim indigenisation laws
After more than a decade of controversy, it seems that Impala Platinum has finally bowed to Zimbabwe's indigenisation laws.
Kasukuwere to support Implats principles
Zimbabwean minister, Saviour Kasukuwere, says a "once empowered, always
empowered’ principle would be supported while changes to royalties payable
may be considered.