Kenmare sees Moma arbitration close with $5m Aveng award
KENMARE Resources has to pay $5m (R69m) to Aveng following an arbitration tribunal decision which found the South African contracting firm was entitled to...
Rockwell sells Remhoogte and Saxendrift for R45m
ROCKWELL Diamonds has pressed ahead with its restructuring programme announcing today it had signed an agreement to sell its Remhoogte and Saxendrift mines to...
Six of the best: good news stories that lit up 2016
THERE was a good deal of trepidation in January 2016 as analysts and executives forecast another year of nail-biting austerity. And whilst it's not...
Omens good for Anglo in 2017 as iron ore, diamonds turn...
2017 may be a vastly improved year for Anglo American, in which it celebrates its centenary, with its investments in Kumba Iron Ore and...
Is Nico Muller suited to the high level management of Implats?
THE appointment of Nico Muller as CEO of Impala Platinum (Implats) has drawn mixed reaction from the investment community with the focus falling on...
Petmin may go private following R894m private equity bid
PETMIN looks set to delist from the Johannesburg Stock Exchange following a takeover offer from a private equity firm which values the mid-tier coal...
AngloGold takes organic growth route with Tropicana output lift
ANGLOGOLD said it would increase gold production from its Tropicana mine in western Australia after extending the mineral reserves of the operation some 45%.
Annualised...
Pallinghurst weighs maiden dividend as manganese prices soar
SHAREHOLDERS in Pallinghurst Resources may kick off 2017 on a high after the Johannesburg-listed company raised the prospect of paying a maiden dividend owing...
Eastplats cancels share placement as it squares off against HZT
Eastern Platinum (Eastplats) has cancelled the private placement of shares announced in October to raise $10.3m stating that “the company and the placee have...
Nunn’s Kropz wary of “push back” as political noise grows
MIKE Nunn, the mining entrepreneur that brought us Tanzanite One which briefly stole the spotlight from diamonds, is back on our screens again as...