PTM agrees sale of 10% stake to South Africa’s HCI for...
PLATINUM Group Metals (PTM), the Toronto-listed platinum development company, said it would sell 10% of its shares to Hosken Consolidated Investments (HCI) for about...
Glencore trading profits may exceed $3bn despite crises
EARNINGS from Glencore's trading division would most likely be at the high end of its $2.2bn to $3.2bn range, said the Financial Times in an...
Location of R3bn in Optimum Coal profits “of interest”, say BRPs
THE business rescue practitioners (BRPs) for the Optimum Coal Mine want to investigate how R3bn in profits earned by the Mpumalanga province operation were...
Macozoma stake in Tshipi manganese soars after Jupiter listing
A CONSORTIUM led by veteran mining investor, Saki Macozoma, has received a huge financial fillip following the listing of Jupiter Mines in Australia because...
Eskom not paying double for less coal from Optimum mine
ESKOM, the South African electricity utility, denied it was buying coal at a premium from Optimum Coal Mine in order to bail out the...
SA miners on brink of R5bn settlement with silicosis sufferers
SOUTH African mining companies and lawyers claiming compensation for employees affected by silicosis were on the brink of an out-of-court settlement totalling R5bn, said...
Jubilee Metals to seek business plan approval on Kabwe joint venture
JUBILEE Metals is to seek approval of a business plan for the Kabwe lead, zinc and vanadium project which is situated in Zambia after...
Orion to sell Conner Arc project for $2.5m to Evolution Mining
ORION Minerals said today it had reached agreement with Evolution Mining, a Sydney-listed gold business, to sell its Connors Arc Project in the Australian...
Sanderson Capital Partners takes stake in Kibo above 5%
SANDERSON Capital Partners has increased its stake in Kibo Mining to 5.28% after accepting 8.3 million in conversion shares in partial payment on the...
Sale of massive stone ups Gem Diamonds Q1 diamond prices 48%
A strong demand for high-quality white rough diamonds from Gem Diamonds' Letšeng mine, in Lesotho, increased the company's average realised diamond price by 48% in the quarter...