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Mining Indaba 2017

Harmony confident 400,000 oz/y growth within its capability

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HARMONY Gold was confident it could add about 400,000 ounces in new annual production through corporate action with one potential transaction being actively pursued. "We...

Resolute seeking to boost organic growth with M&A

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RESOLUTE Mining has a gold production target of 450,000 ounces/year by 2020 by expanding production from existing mines and adding a third, Bibiani, a...

CoM confirms talks on mining charter practicalities with Zwane

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SOUTH Africa's Chamber of Mines said it had had two detailed meetings with senior members of the Department of Mineral Resources (DMR) this year,...

New technology tipped to save 200,000 SA mining jobs by 2025

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INVESTING in technology that extended reserve and resource life could save some 200,000 jobs that might be lost by 2025 in South Africa's mining...

Randgold lifts payout 52% as racks up record output numbers

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RANDGOLD Resources lifted the full-year dividend 52% to $1/share following a strong showing in which it grew cash to $516m on the back of...

Sibanye says up to 300koz of RPM platinum output “at risk”

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BETWEEN 200,000 to 300,000 ounces a year of platinum production was "at risk" at Sibanye's Rustenburg Platinum Mines (RPM) at the current rand platinum...

Ghana wins back investors as $500m pledged to gold sector

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MARK Bristow is unlikely to return to Obuasi, the Ghanaian gold mine he has twice stalked in the past 20 years before declining to...

Rigid, reductive, restrictive BEE must end, says Exxaro’s Mgojo

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EXXARO Resources CEO, Mxolisi Mgojo, has called for a different approach to black economic empowerment (BEE) in which a more flexible measure of assessing...

Mining Charter’s day in High Court snared by technicalities

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SOUTH Africa’s High Court has reserved judgement on an application by mining lawyer Hulme Scholes to have the country’s Mining Charter declared invalid, but...