South Africa

gold

Pan African Resources’ Elikhulu to pour first gold in August

Pan African Resources' construction of the Elikhulu project remains ahead of schedule, with first gold production expected in August 2018, and full commissioning at the end of September 2018.
GOLD WAGE NEGOTIATIONS

Northam ups credit facilities to R3Bn to continue funding growth initiatives

PGM miner Northam has secured a new R1 billion two-year unsecured revolving credit facility to see it through a capital intensive period which includes the delivery of a major new mine at Booysendal.

Petra Diamonds announces R2.2 billion rights issue to reduce debt levels

The board of Petra Diamonds announced a fully underwritten rights issue to raise gross proceeds of approximately US$178 million.
THARISA

Tharisa Minerals drives processing optimisation with Vision 2020

JSE-listed PGM and chrome co-producer Tharisa Minerals will deliver a number of optimisation and growth projects through the implementation of its Vision 2020 strategy which will considerably increase its production.
NEW Terence Goodlace

Mining stalwart joins AfriTin board

AIM-listed AfriTin Mining has appointed mining stalwart Terence Philip Goodlace to the board as a non-executive director with immediate effect.
Mantashe Sibanye

DMR Minister Gwede Mantashe not big in Natal

The DMR Minister, Gwede Mantashe, has failed to honour his commitment to visit the KwaZulu-Natal province today to discuss the Mining Charter. 
Orion Prieska

Mid-tier miner to become a substantial shareholder in Orion Minerals

Orion Minerals has taken another important step in its base metal development strategy in South Africa after entering into an agreement with IGO.
Ivanhoe

Ivanhoe Mines reject claims made by AfriForum

TSX-listed Ivanhoe Mines has issued a response to statements published on 8 May, 2018, by AfriForum containing false and unsubstantiated allegations concerning the Platreef mine being developed by Ivanplats.
Mako Gold

Anglogold Ashanti posts strong Q1 cost and production performance

Dual-listed AngloGold Ashanti posted a strong first-quarter performance, with lower debt and improvements in both production and AISC, driving wider margins and stronger cash flows.
ArcelorMittal SA

Silicosis and TB class action suit reaches settlement agreement

The legal team representing claimants in the silicosis and tuberculosis class action litigation - and the Occupational Lung Disease Working Group represented by various mining houses have reached a settlement.

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