Lonmin, Sibanye-Stillwater deal moves step closer after bank approval
THE proposed merger of Lonmin's operations with those of Sibanye-Stillwater took an important step forward today following the transaction's approval by the South African...
Hwange investigations “impropriety” between senior officials
THE problems of Zimbabwean coal mining firm, Hwange Colliery Company (HCC), took another turn today after the company said it had become aware of...
Shanta Gold expands exploration footprint in Tanzania
SHANTA Gold is venturing where other firms fear to tread after expanding its exploration footprint in Tanzania, according to a report by Reuters.
Mining companies...
Sinosteel to build plant for Zimbabwe’s $1bn ferrochrome expansion
ZIMBABWE plans to more than triple ferrochrome production have been given a boost after Sinosteel Corporation said it would build a power plant supplied...
Thor Explorations to build Nigeria’s first large scale gold mine
THOR Explorations, a Canada listed junior mining firm, is to commission Nigeria's first large scale gold mine in early 2020, said Reuters citing the...
Glencore, Barrick expect to win Tanzanian prospecting licence
BARRICK Gold expected to be granted a prospecting licence over a nickel project in Tanzania despite having had the retention licence over the property...
Kinross hit by Tasiast shock after Mauritania calls for discussions
KINROSS is the latest company to be handed a setback by an African country seeking greater economic participation after Mauritania rejected a permit application...
Implats shares given ‘buy’ rating as balance sheet risks priced
SHARES in Impala Platinum were rated a buy by Goldman Sachs today which said the risks inherent in the company had been priced in...
Solidarity kicks off gold wage talks with 10% increase demand
SOLIDARITY, a South African trade union, has opened gold industry wage negotiations with a demand for a 10% increase annually over the next three...
SA mineral production slides in March, but coal sales higher
SOUTH African mineral production fell 8.4% in March year-on-year in a blow to the country's economy with the gold and diamond sectors registering the...