Investors urged to sell platinum shares amid signs of correction
GOLDMAN Sachs has urged investors to sell their platinum shares which are starting to correct amid uninspiring fundamentals for the metal's demand.
"The stocks in...
DiamondCorp woes deepen as mine shut for safety audit
DIAMONDCORP's operational troubles deepened today after the company said its Lace underground diamond mine in South Africa's Free State province could be shut for...
SIOC awarded 100% of Sishen rights, conditions to cost R100m
A SEVEN year odyssey of litigation and acrimony regarding the mineral rights of the Sishen Iron Ore mine was brought to a close today...
Gold shares backed to climb higher as the world grows crazier
GOLD shares may have improved 70% this year, but there was further upside for companies mining the metal especially as the gold price was...
DiamondCorp fighting to stay afloat as Lace mine hits problems
COMPLICATIONS in ramping up production at the Lace diamond mine has forced DiamondCorp into urgent refinancing in order to remain a going concern.
It...
Miners join business and civil society in condemning Gordhan summons
SOUTH Africa's Chamber of Mines said it was "deeply concerned" about the state of public institutions, a matter it promised to raise with the...
Dunne not finished as Northam edges to 1m oz/year aspiration
PAUL Dunne, CEO of Northam Platinum, said he saw other opportunities to consolidate platinum mining in the Western Bushveld in South Africa following a...
Northam extends Zondereinde to 30 years in R1bn Amplats deal
NORTHAM Platinum has agreed to buy mineral resources from Anglo American Platinum (Amplats) for R1bn that will enable it to extend the economic life...
Tharisa anticipates “exceptional” 2017 as lifts PGM, chrome output
CHROME and platinum group metal (PGM) producer Tharisa Minerals forecast a best ever performance in its current 2017 financial year after a strong production...
Randgold mines open after Mali shuts offices amid tax dispute
RANDGOLD Resources said its three gold mines in Mali continued to operate despite the west African government having closed down the firm's local offices...