Sibanye-Stillwater: Gold operations at Kloof 1 shaft recommences
JOHANNESBURG – Sibanye-Stillwater has provided an update regarding the commencement of operations following the safety-related interventions and stoppages that were
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South Africa
Arcelormittal SA profits improve more than 100% YoY
VANDERBIJLPARK – Based on the information currently available, Arcelormittal South Africa expects: The earnings per share to improve from R1,80
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Early Production for Prieska Copper-Zinc Project to be Fast-Tracked
Orion Minerals has advised that it has commenced workstreams to assess the merits of phasing the development of its flagship
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Pan African achieves record gold production in excess of 108,000oz
Rosebank, RSA – Pan African has again delivered an excellent operational performance, achieving record gold production in excess of 108,000oz
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Impala Platinum releases mandatory offer for Royal Bafokeng Platinum
Royal Bafokeng Platinum (RBPlats) shareholders received a circular for the mandatory offer from Impala Platinum (Implats). The bid price is
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Tharisa: strong operational performance from mining through to processing
In its market update Tharisa says the PGM spot markets were weaker than the past several quarters, but early indications
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Steelmaker AMSA: Comeback from existential crisis to record profits
In 2020, ArcelorMittal SA’s sustainability had being questioned by its most important stakeholders who wondered if the country’s only upstream
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Merafe ferrochrome production increases by 42.7% YoY
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter and year ended 31 December 2021
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MC Mining: Makhado Coal Project update
On 14 January 2019, MC Mining announced that its subsidiary, Baobab Mining & Exploration, completed the acquisition of the Lukin
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Eskom blamed for billions of rands worth of production lost in mining
Billions of rands worth of production in the mining industry has been lost since 2008 when the inability of Eskom
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Speedy implementation to stop and root out corruption in public sectors
Johannesburg – The Minerals Council South Africa endorses, and urges, the speedy implementation of the recommendations made in the first
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Pan African’s tailings retreatments produce 70koz/y of recovered gold
Pan African claims the group has a track record of successfully bringing tailings retreatment operations to fruition. Pan African has
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Bokoni PGM operation complements ARM’s current PGM portfolio
The ARM’ Bokoni mine transaction represents an opportunity for ARM to acquire a significant South African PGM operation that complements
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Pan African digs into details of Blyvoor Gold tailings acquisition
Pan African has entered into a conditional agreement to acquire the entire issued share capital of Blyvoor Gold Operations from
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Mechanised mining operation + high PGM grades = low unit costs
It’s a very risky deal says an expert on African Rainbow Minerals’ (ARM) announcement to acquire all the shares in
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Anglo American Platinum sells its interest in Bokoni Mine
Anglo American Platinum announces that Bokoni Platinum Holdings has entered into a Sales and Purchase Agreement to dispose of its
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Pan African to acquire Blyvoor Gold surface tailings resources
Pan African has entered into a conditional agreement to acquire the entire issued share capital of Blyvoor Gold Operations from
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Disappointing second half of the year for Hulamin
Hulamin managed to turn a decent first half into a poor full year result. The company experienced a subdued start
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Brickmaking plant boosted by SEW-EURODRIVE upgrade
Johannesburg, South Africa – A local clay brick manufacturer has upgraded its brickmaking plant with the assistance of drive and
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Sasol shows bad results due mainly to its mining operations
Sasol has previously raised the risk of production issues in its Secunda operation linked to unforeseen delays in the September
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Anglo American Platinum approves the Mototolo/Der Brochen project
Anglo American Platinum Board has approved the Mototolo / Der Brochen life extension project. The development of the project leverages
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Kumba Iron Ore on 2021 guidance and outlook for 2022 to 2024
Themba Mkhwanazi, Chief Executive of Kumba has provided an update on the Company’s full year 2021 guidance and the outlook
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Northam concludes a ten-year offtake agreement with Ivanplats
Northam has announced that it has concluded a ten-year purchase of platinum group metal (PGM) concentrate agreement with Ivanplats, a
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Implats acquires further shares in Royal Bafokeng Platinum
Implats refers to the announcement of 29 November 2021 of Implats’ firm intention to make a general offer (Offer) to
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RBP: Royals are being sliced between two platinum majors
Northam Platinum has just announced that following unsolicited offers unilaterally extended by shareholders in RBPlat of all or some of
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Thungela expected to return to profitability in 2021, following loss in 2020
Looking back on the first months since the demerger and Thungela’s listing on 7 June, the company says it is
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Tharisa more than double profitable on strong platinum prices
Chrome and platinum miner Tharisa reported a more than two-fold jump in annual profit, driven by strong production and improved
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Impala Platinum waives two conditions for RBP, gets better deal
A condition precedent is a specific milestone, approval or other event that must take place before a transaction can go
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Implats to acquire all of the Royal Bafokeng Platinum
Implats has, on 26 November 2021, communicated to the independent board of directors of Royal Bafokeng Platinum Limited (RBPlat), Implats’
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Ramaphosa backs R131bn financing offer for just energy transition
President Cyril Ramaphosa speaking during his parliamentary Q&A on Thursday made his strong stand in favour of partial privatisation of
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