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Mining

How to close a mine and save money

Jul 26 2017 09:29

South Africa's 6 000 abandoned mines are prime examples of how not to close a mine. But new legislation in the pipeline presents light at the end of the tunnel.

Mining

Iron Ore CEO who predicted crash, sees further slump

Jul 26 2017 08:00

Kumba Iron Ore's Themba Mkhwanazi correctly predicted in February that his company’s commodity would plunge by 40%. After a recent recovery, he has predicted it will fall again.

Mining

Chamber of Mines lodges interdict against Zwane about mining notice

Jul 25 2017 18:41

The Chamber of Mines has served an urgent application for the review and setting aside of a Government Gazette notice by Mineral Resources Minister Mosebenzi Zwane.

Mining

Amplats Zim unit costs decline as output rises

Jul 24 2017 10:41

Production from Anglo American Platinum’s Unki mine in Zimbabwe for the six months to end-June 2017 has gone up by 5% on the back of improving grades, while cash costs have declined.

Mining

Amplats shares fall on R1.3bn loss

Jul 24 2017 12:11

Anglo American Platinum shares have fallen nearly 3% as the miner reported a loss of R1.3bn for the six months to end-June 2016, with no dividend declared.

Mining

Atlatsa agrees with Amplats on Bokoni mine

Jul 21 2017 16:22

Atlatsa Resources has entered into a letter agreement with Anglo American Platinum regarding the Bokoni Mine.

Mining

Zwane seen fighting back over Mining Charter court bid

Jul 21 2017 07:39

Mineral Resources Minister Mosebenzi Zwane’s intended restriction on mining could be an attempt to neutralise a court bid to suspend the new Mining Charter.

Mining

Zwane overstepping powers with mines moratorium

Jul 20 2017 21:30

The Chamber of Mines says it will go to court if Mines Minister Mosebenzi Zwane fails to withdraw the notice of his intention to place a moratorium on mining rights.

Mining

Zwane fires next salvo with mining restriction proposal

Jul 19 2017 15:09

Mineral Resources Minister Mosebenzi Zwane has applied more pressure on the mining industry by gazetting a proposal to restrict new mining prospecting and mining rights and the renewal of such rights.

Mining

Amplats shares dip on warning of sharp earnings fall

Jul 18 2017 13:28

Shares in Anglo American Platinum have edged lower on news that the company expects half-year earnings to be as much as 67% lower due to impairments.

Mining

Lonmin surges as cash improves after cost cuts

Jul 17 2017 13:33

Lonmin has climbed the most in more than three months as the platinum miner kept costs down in the latest quarter, helping it generate cash.

Inside Fin24.com

 
Mining

Lonmin mining performance improves in third quarter

Jul 17 2017 10:03

Platinum producer Lonmin says it has sustained its mining performance improvement since March 2017 into the third quarter of 2017.

Mining

Mining Charter still getting it wrong

Jul 16 2017 06:00

The new mining charter is not even trying to fix fundamental problems with the original document negotiated 15 years ago, say activists, lawyers and economists.

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