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Mining

Anglo American iron ore, diamond output shines

Apr 24 2017 11:38

Anglo American’s iron ore and diamond output has risen after production increased at its Minas Rio mine in Brazil and the gem market improved.

Eskom

Leak of draft report on Gupta-owned Tegeta an 'outrage' - Eskom

Apr 21 2017 15:41

Eskom has expressed shock and outrage over a leaked draft report about irregularities in its coal-supply contract with Gupta-owned Tegeta Exploration and Resources.

Mining

Glencore cobalt supplies in Congo face hold up over mine row

Apr 19 2017 09:48

A dispute between state-owned Gecamines and its joint-venture partner at a Congolese cobalt mine that supplies Glencore threatens to halt the supply of the metal.

Mining

SA coal mines leave legacy of ruin

Apr 19 2017 10:51

Oxpeckers publishes never-before-seen data exposing the lack of mine closures, despite R45bn being held in financial provisions for rehabilitation in 2015.

Mining

Sibanye to raise $2bn in equity, debt for Stillwater deal

Apr 18 2017 11:59

Sibanye Gold plans to raise $1bn from shareholders and a further $1bn in debt, most likely bonds, to pay for the acquisition of Colorado-based Stillwater Mining.

Mining

Sibanye gets nod to buy US mine, despite Trump's tough talk

Apr 18 2017 07:37

The US has cleared the sale of the country’s sole provider of platinum and palladium to a miner whose biggest investor is Chinese.

Mining

NUM welcomes Seriti's purchase of Anglo coal mines

Apr 11 2017 17:42

The National Union of Mineworkers has welcomed Anglo American’s intention to sell its Eskom-tied domestic thermal coal operations to majority black-owned Seriti Resources.

Mining

Ransacked gold mine venture in JHB reboots

Apr 11 2017 07:46

A mining veteran is pressing ahead with plans to squeeze more gold out of an 80-year old ransacked gold mine west of Johannesburg after settling a dispute with three former partners.

Mining

Anglo to sell Eskom-tied coal operations to black-owned company

Apr 10 2017 08:50

Seriti Resources has agreed to buy Anglo American’s Eskom-tied domestic thermal coal operations for R2.3bn, the mining company said in a statement on Monday.

Inside Fin24.com

 
Mining

Radebe looks to mining for transformation

Apr 09 2017 06:06

Minister in the Presidency Jeff Radebe says government has failed to use the mining sector to effect transformation in the country’s economy.

Mining

Chamber in the dark over delay in Mining Charter

Apr 05 2017 19:24

The Chamber of Mines has no insight into what is causing the delay in the publication of a revised Mining Charter, which was due at the end of March 2017.

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#JunkStatus

So, the worst has finally happened. S&P and Fitch officially downgraded SA to junk status following the ill-timed Cabinet reshuffle.
 

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