Kenmare surges as investors rally support for $368m deleverage
SHARES in UK-listed mineral sands producer, Kenmare Resources, surged a fifth as it edged closer to an overhaul of its balance sheet which will...
Metals price correction typifies lower for longer market
THE annual mining survey produced by consulting firm, PwC – ‘Mine2015’ - shows just what a kicking the world’s mining sector has received. Based...
Junior mining in South Africa..? Think again.
SPARE a thought for the junior mining companies. If it’s hard for large mining firms to attract investment and raise capital, then you can...
DMR satisfied with charter talks as industry meetings close
SOUTH African deputy mines minister, Godfrey Oliphant, said it was unlikely the Department of Mineral Resources (DMR) would extend the consultation period with the...
Vedanta pondering increase in 2017 Gamsberg capex
Vedanta Resources may accelerate spending on its $400m Gamsberg zinc project this year as the venture had been significantly de-risked, said Tom Albanese, CEO...
Anglo mulling Johannesburg office change
ABOUT 300 employees of De Beers will later this year make the 3.7km trip from 17 Charterhouse Street, offices for the diamond group for...
Xtract’s Nelson sells Manica – for second time – in...
JAN Nelson, CEO of Xtract Resources, a UK-listed mining development company, is to sell the firm's Manica project in Mozambique for $17.5m (R274m) -...
Mining charter negotiations have moved to ‘nitty-gritty’
THE Chamber of Mines of South Africa (CoM) and the Department of Mineral Resources (DMR) claimed important advances had been made in negotiations concerning...
Zwane calls SA mining to introduce more BEE
SOUTH Africa's mining industry should not be tied to "a specific number of entrants", said the country's mines minister, Mosebenzi Zwane, who called...
Slide in SA mining output a jolt to the senses
THE surprisingly large decline in mining production in March partly reflects low commodity prices but also indicates that South Africa’s mining industry is winding...