Lemur signs $1m finance deal for Madagascar’s Imaloto project with DBSA
LEMUR Holdings, a subsidiary of UK-listed Bushveld Minerals, has raised $1m from the Development Bank of Southern Africa which will be used to develop...
AMCU’s Mathunjwa a pall over Sibanye-Stillwater despite “prudent” R1.7bn share deal
SHARES in Sibanye-Stillwater were under pressure today following a company announcement it had raised R1.7bn by means of a share placement - cash it would...
Zimbabwe miners want Mnangagwa’s government to turn words into action
THE Zimbabwe government is carrying out a major overhaul of the country’s mining legislation and regulations, but the southern African country's miners are waiting...
UK court ruling on Vedanta a reminder to mining firms of...
UK human rights attorney Leigh Day said a UK Supreme Court ruling today was a reminder to the world's mining companies that undertakings they make about...
Amplats estimates R200m to R300m hit over three years owing to...
SOUTH Africa’s new carbon tax could cost the company between R200m and R300m in the next three years, said Reuters citing the comments of...
Mantashe lauds Rio Tinto’s R6.5bn investment in Richards Bay Minerals
SOUTH African mines minister, Gwede Mantashe, lauded a decision by Anglo-Australian group, Rio Tinto, to expand Richards Bay Minerals (RBM) saying the investment confirmed...
Sibanye-Stillwater prepares for worst ahead of PGM wage talks with R1.8bn...
SIBANYE-Stillwater is to place shares worth R1.8bn in an effort to minimise the impact on its balance sheet of the ongoing strike at its...
De Beers diamond sales moving to “more normalised” position in 2019
THIRD cycle diamond sales for Anglo American-controlled De Beers totalled $575m, just over $25m more than at the equivalent the group said in an announcement...
AMCU’s Mathunjwa stokes battle with Neal Froneman in ‘Cecil John Rhodes’...
ASSOCIATION of Mineworkers and Construction Union (AMCU) president, Joseph Mathunjwa, lived up to his billing as "a s**t-stirrer of note" by chairman, Bernard Swanepoel,...
Amplats urges PGM sector to focus on demand instead of growing...
THE platinum miners had to invest in growing market demand to ensure the continued viability of their industry and the key priority was to...