SA platinum sector seals deal with AMCU … without strike action
LONMIN and Impala Platinum (Implats) have joined Anglo American Platinum (Amplats) in a signing three-year wage deals with the Association of Mineworkers & Construction...
Endeavour betting on ‘best quarter yet’ to reach output target
ENDEAVOUR Mining, a Toronto-listed gold producer operating in West Africa, is betting on its strongest operating quarter yet to take it to forecast full-year...
Keaton hails Moabsvelden as potential game-changer
MANDI Glad, CEO of JSE-listed coal junior, Keaton Energy, described the award of an integrated water use licence (IWUL) by the Department of Mineral...
Rio Tinto plans to sell 46.6% stake in Simandou to Chinalco
RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...
Amplats seals three-year, 7% wage deal with AMCU
THE danger of a strike in South Africa's platinum sector all but diminished after Anglo American Platinum (Amplats) signed a new, three-year wage agreement...
Implats to assess $260 Zimplats project in November
IMPALA Platinum (Implats) reported a one fifth leap in production in the September quarter compared to the June quarter and said it would seek...
Eastplats to raise $10m through discounted share offer
THE new owner of Eastern Platinum (Eastplats), Ka An Development Company, is to raise $10.3m in a private placement of the company's shares, according...
Sibanye earnings soar, but lowers 2016 gold output target
SIBANYE Gold downgraded its full-year gold production target following interruptions at its Driefontein mine west of Johannesburg, but said full-year share earnings would be...
Gordhan throws weight behind R58bn renewable IPP plan
FINANCE minister Pravin Gordhan threw his weight behind South Africa's renewable independent power producer (IPP) programme amid criticism, most notably by Eskom CEO, Brian...
SA’s mining bosses defend multi-million rand pay cheques
AN audience poll at the Joburg Indaba conference earlier this month found that 53.4% of those who attended – around several hundred – thought...