Ferrex signs binding term sheet for the Mebaga project in Gabon

African iron ore and manganese development company Ferrex has signed a binding term sheet with Anglo American and Kumba Iron Ore, a leading supplier...

Northam takes the legal route after NUM plays dirty

The management of Northam Platinum has taken legal advice following on the National Union of Mineworkers’ (NUM) press release entitled “Northam Platinum on the...

African Potash ESIA commences at Lake Dinga in the Republic of...

Sub-Saharan potash company, African Potash, has commenced with an Environmental and Social Impact Assessment (ESIA) at its 702.5 square kilometre Lake Dinga potash project...

Northam strike losses expected to reach R500m

After a strike of six weeks, Northam Platinum’s revenue losses amount to some R450 million, with expected losses of R500 million for the year. Striking...
Taung Gold

Equatorial Resources to secure $230m

Equatorial Resources will secure the $230 million needed for its Mayoko-Moussanji by either selling shares in the project or concluding an offtake agreement. Other sources...

Wits Gold and Sibanye seal the deal

Wits Gold has signed an implementation agreement with Sibanye Gold, in terms of which Sibanye will acquire the company’s entire issued ordinary share capital...

Kumba closes for Mandela’s funeral

Kumba will close for three hours on 10 December 2013 during the late Nelson Mandela’s memorial service at Johannesburg stadiums, said Gert Schoeman, spokesman...

Hedging unlikely although gold continues to fall

Gold producers are unlikely to return to large-scale hedging of the magnitude seen during the 1990s, Barclays’ analysts said in a research report. This is...

JSE pauses trade to mark the passing of Nelson Mandela

The Johannesburg Stock Exchange (JSE) will be pausing trade to mark the passing of former South African president Nelson Mandela. “It is with great sadness...

Northam Platinum strikers lose R50m in basic wages

Losses in revenue and wages because of a month-long strike at Northam Platinum's Zondereinde mine in Limpopo are running at R400m. “Revenue losses for the...

Latest Feature