Eastplats targets first chrome revenue from Zandfontein in fourth quarter
EASTERN Platinum (Eastplats) booked a $3m net loss for the third quarter of which $1.2m related to foreign exchange losses. This compares to a...
Electric vehicle revolution moving to underground mining in effort to slash...
THE proliferation in electric vehicles has been extended to underground mining where their potential adoption is seen as a major contribution to cost reductions,...
AMCU argues PGM markets strong enough to keep Lonmin in business
THE Association of Mineworkers & Construction Union (AMCU) called on the Competition Tribunal to prohibit the merger of Lonmin with Sibanye-Stillwater because some 10,000...
SA defends use of coal whilst recognising that rate of carbon...
SOUTH Africa has defended its use of coal saying that it was unfair to expect emerging markets to decarbonise their economies at the same...
Eskom urgently attempting to buy coal to manage load shedding risk
ESKOM, South Africa's state-owned power utility, was urgently attempting to procure coal in order to help it manage the risk of load shedding, said...
Barrick deal could influence M&A once geopolitical environment eases: EY
THE world’s mining sector was reluctant to enter into high risk transactions in the third quarter of 2018 owing to geopolitical uncertainty, according to...
NUM hits back at Greenpeace study saying people will be left...
SOUTH Africa’s National Union of Mineworkers (NUM) has hit back at comments by Greenpeace that the air in South Africa’s Mpumalanga province was among...
Eastplats to form special committee to review court petition on chrome...
EASTERN Platinum (Eastplats) said it would form a special committee of three non-executive directors to review a petition filed in the Supreme Court of...
South Africa gold production falls the most in four years in...
SOUTH African gold production fell the most in almost four years in September, said Bloomberg News referring to mining production data produced by Statistics...
Randgold Resources shareholders approve Barrick merger with 95% majority
SHAREHOLDERS in Randgold Resources approved their firm's merger with Barrick Gold following a vote in an extraordinary general meeting on November 7.
The outcome was...