Simmers weighs alternatives to rights offer
Junior gold producer Simmer & Jack Mines says it is investigating alternative solutions to the proposed rights offer.
Xstrata-Merafe to operate at 65% capacity
The Xstrata-Merafe Chrome Venture, which supplies around 20% of the world's ferrochrome requirements, on Thursday advised that it would operate on average at 65% of capacity during winter.
Eastplats considers expansion options
Eastern Platinum is looking again at how it could develop the various expansion projects it controls on the Eastern Limb of the platinum-bearing Bushveld Complex.
Aurora’s Grootvlei mine in flood threat
Irate workers maintaining the mothballed Grootvlei gold mine threaten to let it flood unless Aurora pays overdue wages of R30m immediately. The company says it will pay workers on Friday.
Eastplats can increase production
Eastern Platinum, South Africa's sixth-largest platinum group metals producer, says the company has the potential to increase its production to 600 000 ounces per annum.
AngloGold, liquidators square off
Battle lines are drawn between AngloGold Ashanti and the liquidators of Pamodzi Gold, with fresh allegations surfacing that promise to make this a drawn out and messy affair.
NUM fights De Beers’ plan to sack 350 miners
The National Union of Mineworkers has warned De Beers that it will fight plans to retrench more than 350 workers at its Finsch mine in the Northern Cape.
South African gold output falls hard
The news from South Africa's gold sector remains grim. Gold output has fallen again in the first quarter of the year as an inexorable slide in production continues.
Gold may reach $1,400/oz: Investec
Gold may rise as high as $1 400 an ounce in 2010 as investors buy the metal as both a safe store of value and a haven from risk amid rising fears over sovereign debt, Investec says.
Jubilee advances platinum plant plans
Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.