South32 grows cash to $551m in September quarter
SOUTH32 took net cash to more than half a billion dollars following another quarter of strong cash generation as well as registering improvements in...
PTM scopes for massive $1bn Waterberg palladium mine
PLATINUM Group Metals (PTM) today unveiled details of its palladium-rich Waterberg PGM project which would create 3,361 jobs and cost just over $1bn to...
Strong car sales “a statistical illusion” for platinum price
PLATINUM shares on the Johannesburg Stock Exchange defied the odds for most of this year; at least, those set down by investment analysts who...
Sibanye joins platinum big league as RPM deal live from Nov...
SIBANYE Gold's bid for the shafts of Rustenburg Platinum Mines (RPM) would be consummated by November 1 following approval of a change in control...
Guptas say R4bn in ‘unusual’ Optimum deals unrelated to Oakbay
OAKBAY Investments transactions worth just over R4bn flagged as "unusual and suspicious" by South African finance minister, Pravin Gordhan, related to Optimum Coal Mine...
DiamondCorp to seek merger or sale to resolve liquidity crisis
DIAMONDCORP, the Johannesburg-listed diamond mining company, said it was considering a sale or merger in order to solve its funding difficulties.
This was in parallel...
Oakbay denies raiding Optimum fund on day when CEO resigns
OAKBAY Investments, the holding company of Johannesburg-listed Oakbay Resources & Energy, said it had moved the account of Optimum Coal Mine's R1.5bn rehabilitation fund...
RioZim finalises Dalny deal as chases 60,000 oz/year
ZIMBABWEAN gold and diamond miner, RioZim, has agreed terms for the acquisition of troubled Falcon Gold's Dalny mine which it believes will spearhead the...
Harmony bullish on cash flow after quarter output rises 10%
THE good news story at Harmony Gold looks set to continue until the year-end at least after the company said September quarter production was...
DiamondCorp pins hopes on shareholders as bankruptcy looms
SHARES in DiamondCorp, a junior diamond miner, took another hefty knock in Johannesburg trade after the company said it had lost an investor that...