MC Mining to negotiate EPC contract for Makhado with Chinese outfit
MC Mining (MCM) has signed a heads of agreements with China Railway International Group (CRIG) which may lead to the Chinese firm providing engineering,...
DRC miner resumes coltan purchases following three month shutdown
THE Democratic Republic of Congo's (DRC's) largest coltan miner, Société Minière de Bisunzu (SMB), has resumed purchases of ore after a three month shutdown at...
Acacia sales 100% sale of Nyanzaga to Orezone as regulatory process...
ACACIA Mining said it had agreed with partner OreCorp Tanzania that the company take 100% control of the Nyanzaga project which will see the...
Tongon resets full-year target to 230koz as employees return to work
RANDGOLD Resources said full-year production at its Tongon mine in Côte d’Ivoire would come in at 230,000 ounces for the 2018 financial year, well off...
Master Drilling swoops on Atlantis Group in R107.5m deal
MASTER Drilling said it had bought Atlantis Group, a South African mining contracting company, for R107.5m in a transaction that bolsters the JSE-listed group's...
PTM lodges mining right application with SA’s DMR
PLATINUM Group Metals (PTM), the Toronto-listed platinum group metal (PGM) development company, said it had submitted a mining right application for its Waterberg Joint...
Eastplats signs framework agreement for chrome tailings project
EASTERN Platinum (Eastplats) said it had secured an agreement with Union Gold Offshore Solution, a US company, that is to build facilities enabling Eastplats...
PIC committed to Sibanye-Stillwater’s takeover of Lonmin plan
SIBANYE-Stillwater's proposed takeover of Lonmin would have the approval of one of its largest shareholders in the Public Investment Corporation (PIC), an organisation which...
MCM wins Limpopo approval for EA Makhado amendment
MC Mining's (MCM's) plans to build the $80m Makhado coking and thermal coal mine in South Africa's Limpopo province received another boost after local...
New Vedanta CEO Venkatakrishnan optimistic on future for Indian group
VEDANTA had potential to become one of the world's largest resource companies, said its newly appointed CEO, Srinivasan Venkatakrishnan.
Drawing on an interview with PTI,...