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MCM raises R15m from ABSA for Uitkomst equipment recap

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MC Mining (MCM) has raised R15m in debt which it will use to buy new underground mining equipment for Uitkomst, a KwaZulu-Natal province thermal...

Pan African’s ETRP-Elikhulu integration tracking for December close

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THE incorporation of Pan African Resources' Evander Tailings Retreatment Plant (ETRP) into its recently commissioned Elikhulu plant would be completed by December taking combined...

Mantashe blames Gold Fields management for South Deep hit

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SOUTH African mines minister, Gwede Mantashe, laid the blame for proposed job cuts at Gold Fields' South Deep mine, west of Johannesburg, on the...

Perseus Mining heartened by drilling at Yaouré shapes up as third...

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PERSEUS Mining declared itself heartened by results from exploration work on its Sissingué property in Côte d’Ivoire - the firm's recently commissioned operation where...

Eastplats books $4.4m Q2 net loss but hopes high for chrome...

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EASTERN Platinum (Eastplats) said it would start producing first chrome from its Crocodile River operations in South Africa in the fourth quarter after reporting...

Kibo to buy stake in UK energy firm lifting short-term revenue...

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KIBO Energy said it had made steps to add short-term cash flow to its medium- to long-term African coal-to-power development plans following a memorandum...

Atlatsa narrows second quarter loss, restructure in place by year-end

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ATLATSA Resources, the Johannesburg-listed company that owns the mothballed Bokoni Mines in joint venture with Anglo American Platinum (Amplats), reduced the second quarter net...

SSC to spend R250m bringing Barbrook mines out of business rescue

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THE privately-held Siyakhula Sonke Empowerment Corporation (SSC), a predominantly mining services and contracting company, unveiled its first of several direct investments in the sector saying it...

PGM leads increase in total SA production and sales increases for...

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SOUTH African mining production increased 2.8% in June, representing the first time in four months annual production has improved year-on-year, said Fin24 citing data...

Counting to begin as Mali completes voting in presidential run-off

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MALI was due to start counting ballot papers after voting for a presidential runoff was completed over the weekend, mostly peacefully, said Bloomberg News. "All...