ARM closes Cato Ridge, sells out of Sakura Ferroalloys
PATRICE Motsepe’s sprawling mining conglomerate, African Rainbow Minerals (ARM), has restructured manganese processing activities held through Assmang, with the closure of the Cato Ridge...
Miners accused of forced labour in Congo
GOLD miner Twangiza Mining SA has accused Rwanda-backed M23 rebels of forcing its employees to work without pay after seizing its mine in eastern...
Soaring costs heap pressure on Copper 360
JUNIOR copper miner Copper 360 is going to need more capital to achieve its 6-12 month goal of scaling its production up to 40,000...
Exxaro calls time on unsustainable Leeuwpan Colliery
A FORMAL Section 189 consultation has been launched with the relevant trade unions at Exxaro’s lossmaking Leeuwpan Colliery, which has become unsustainable in its...
Pan African launches buyback despite scaling record high
GOLD miner Pan African Resources will be implementing a share buyback from Tuesday, 1 July, because it believes its shares still offer value and...
West African Resources pours first gold from Kiaka
WEST African Resources poured first gold from the Kiaka project in Burkina Faso which it said was ahead of schedule and under budget.
The Australian-listed...
Chinese miner secures Kazakhstan gold acquisition
ZIJIN Mining Group has struck a deal to acquire a Kazakhstani gold operation for $1.2 billion, marking the Chinese firm's largest takeover in six...
US investor targets Congo mine for peace deal
A PROMINENT Donald Trump ally is pursuing control of a controversial Congolese mine as part of Washington's fresh approach to resolving the region's long-standing...
Thungela, the coal mining success no-one expected
STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of...
Gold bolsters big miner revenues in 2024, says PwC
GOLD mining revenue prevented the world's largest miners from reporting a third consecutive decline in aggregate revenue, according to a report by PwC, an...