Merafe puts two more smelters on ice as electricity prices bite
TWO more ferrochrome smelters owned by the Glencore/Merafe pool and share joint venture (PSV) will be suspended over the next month, representing another blow...
Tarkwa “strongly supported” by Ghanaian government: Gold Fields
THE Ghanaian government’s intervention in Gold Fields’ Damang mine this month has again raised questions about whether it is pressuring for greater ownership in...
Anglo American confident of full-year targets despite weak Q1 production
ANGLO American’s copper, iron ore, manganese, PGMs and diamonds businesses all posted flat or lower quarter-on-quarter output in the three months to end-March but...
Gold Fields reaches “amicable” deal with Ghana
GOLD Fields has reached an “amicable agreement on a transitional plan” over the Damang gold mine with the Government on Ghana which last week took...
Iron ore and anthracite losses clobber Afrimat’s earnings
Afrimat’s business conditions went from bad to worse in the second half of its financial year to end-February after the diversified mining group reported...
Kenmare’s problems with the Mozambique Government over operation of the Moma...
Heavy mineral sands producer Kenmare Resources is in continued discussions with the Government of Mozambique over “certain modifications” to extend the Implementation Agreement which...
Ghana takes over the Damang Mine from Gold Fields citing failure...
The Ghanaian government has taken over operational control of the Damang gold mine from Gold Fields following the expiration of Gold Fields lease over...
Errol Smart jumps ship from Orion to go into the exploration...
Former Orion Minerals CEO Errol Smart is going to set up his own exploration and development operation in South Africa after abruptly leaving the...
Mozal Aluminium delivers for South32 as negotiations continue over a new...
South32’s Mozal Aluminium smelter in Mozambique pushed production up 12% to 265,000t in the nine months to end-March and has maintained production guidance unchanged...
Copper 360 rejigs debt as benefits from producer status
NORTHERN Cape junior copper producer Copper 360 has restructured R276.6m of short-term debt into long-term debt cutting the interest rate it is paying by more...