Featured Creator
Allan Seccombe
Tshipi mine breaks into SA’s major league
Tshipi e Ntle Manganese Mining, in which Pallinghurst Resources has a stake, has broken into the top four manganese producers with its debut Tshipi Borwa mine.
Kalagadi cries foul on loan terms
Interest on an IDC loan has heaped pressure on Kalagadi Manganese, ironically the poster-child of the SA government’s beneficiation ideal.
In front of the wave
Brian Gilbertson and Arne Frandsen say seven years’ hard work is not yet reflected in the share price of Pallinghurst Resources. But they are in front of the wave.
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
Chinese make a bid for Aurora gold mines
An unspecified Chinese consortium makes a bid for two liquidated gold mines currently managed by Aurora Empowerment Systems, but secrecy shrouds the offer.
Chinese group bid for Aurora mines “imminent”
A bid from a South African group backed by a Chinese consortium is preparing a bid for two gold mines managed by Aurora Empowerment Systems on behalf of the liquidators of the…
Randgold & Exploration’s low-key JSE return
Randgold & Exploration, which was plundered for billions of rands by Brett Kebble, finally resumes trading on the JSE. New CEO Marais Steyn is keen to revive Randgold’s fortunes…
JCI eyes JSE return as it runs short of money
JCI, the company pursued for billions of rands by sister company Randgold & Exploration, is running short of cash, but it is looking at a variety of options to raise money. It is…
Aurora’s Grootvlei mine in flood threat
Irate workers maintaining the mothballed Grootvlei gold mine threaten to let it flood unless Aurora pays overdue wages of R30m immediately. The company says it will pay workers…
AngloGold, liquidators square off
Battle lines are drawn between AngloGold Ashanti and the liquidators of Pamodzi Gold, with fresh allegations surfacing that promise to make this a drawn out and messy affair.
Jubilee advances platinum plant plans
Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.
South African gold output falls hard
The news from South Africa’s gold sector remains grim. Gold output has fallen again in the first quarter of the year as an inexorable slide in production continues.
AngloGold suspends Orkney services
UPDATED – Aurora’s gold ambitions receive a body blow as AngloGold Ashanti terminates services to the Orkney mine because of unpaid debt.
Nkwe sets JSE date, awaits Xstrata decision
Nkwe optimises a bankable study into a R6.5bn-R8.3bn platinum project ahead of a listing on the JSE and Hong Kong. Xstrata must decide if it wants to earn into the project and…
Chinese pour money into Guinea iron venture
AIM-traded Bellzone strikes a deal with China International Fund to build a $2.7bn railway that opens up a giant iron ore deposit in Guinea and potentially brings forward the…
Wesizwe secures R6.6bn Chinese funding
Wesizwe secures financing of R6.6bn to build a mine. The funding will come from a Chinese consortium, comprising Jinchuan Group and the China Africa Development Fund, and which…
Lonmin extends main furnace shut down
Lonmin is to step up toll-treatment arrangments after it extended the month-long shut down of its Number One furnace by up to 30 extra days after earlier repairs failed.
Wesizwe’s R6.6bn China option in the balance
Shareholders in platinum junior Wesizwe will decide in the next three months whether to go ahead with a R6.6bn capital injection that will see a Chinese consortium take control…
Kumba defends Zim from conflict of interest charge
Kumba defends chairman Lazarus Zim after a report in a South African newspaper suggesting there may be a conflict of interest because of links to the head of the group that…
Platmin’s project costs creep higher
Costs are nudging higher at Platmin’s Pilanesberg platinum project as it targets 160,000 oz of platinum group metals this year and full production in early 2011.