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
Read more
South Africa
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’
Read more
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
Read more
PPC: increased cement sales, higher prices and stringent cost control
Cement sales volumes in the South Africa and Botswana region increased by 12% – 15% period-on-period for the six months
Read more
Northam Platinum completes its acquisition of RBP
Northam Platinum has completed its acquisition of 32.8% of the shares in Royal Bafokeng Platinum. The shares were bought from
Read more
Tharisa extends the life of mine by an additional 7 years to 2041
Tharisa, the platinum group metals (PGMs) and chrome co-producer, announces an extension of the open pit Life of Mine (LOM)
Read more
Orion Minerals to use renewable energy in its copper-zinc project
Orion Minerals has announced that it has commenced discussions to collaborate with the Central Energy Corporation (CENEC) to include its
Read more
Gordhan: Experts appointed to investigate sabotage at Eskom power stations
Eskom says it has employed the services of forensic investigators to get to the bottom of its suspicions to investigate
Read more
Eastplats main revenue from chrome concentrate offtake agreement
VANCOUVER, British Columbia – Eastern Platinum (Eastplats) in its financial results for the third quarter of 2021 (“Q3 2021”) and
Read more
Harmony Gold: de-risked portfolio drives Q-on-Q production growth
JOHANNESBURG, South Africa – Harmony Gold Mining Company has released an update, noting that its old assets only contributed 4%
Read more
Sell some Eskom’s coal-fired power plants, Government says
Finance Minister Enoch Godongwana in his budget speech said South African government ministers have reached a general agreement to sell
Read more
STEEL: Finance minister’s medium-term budget policy welcomed
JOHANNESBURG – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes Finance Minister Enoch Godongwana’s Medium Term Budget Policy
Read more
Northam Holdings acquires 32.8% of the Royal Bafokeng Platinum
Northam Holdings has announced that it will acquire 93 930 378 RBPlat Shares from Royal Bafokeng Investment Holdings, amounting to
Read more
Manufacturing sector shows gains in capacity utilization
Despite the country’s continued lockdown, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes gains in capacity utilization
Read more
MC Mining updates on Makhado Hard Coking Coal Project
MC Mining’s flagship Makhado Project has favourable economics and its phased development is expected to deliver positive returns for shareholders.
Read more
Eastern Platinum commissions the PGM main plant
Vancouver, British Columbia – Eastern Platinum (“Eastplats”) has successfully commissioned the PGM main plant circuit B (“PGM Main Circuit B”)
Read more
Exxaro enters MOU with Eskom and Seriti to energise a low carbon future
Exxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
Read more
Impala Platinum in negotiations to acquire Royal Bafokeng Platinum
RBPlat and Implats (the Parties) are in discussions relating to a non-binding indicative proposal from Implats to acquire 100% of
Read more
DRDGOLD: Gold production increases by 7% from the previous quarter
In its operating update for the quarter ended 30 September 2021, DRDGOLD’s gold production increased by 7% from the previous
Read more
Eskom continues its disaster mission of ‘jobs shedding and capital drain’
Due to further shortage of generation capacity, Eskom says it “regrets” to announce that Stage 4 which started from 12:00
Read more
Kumba total production increases by 11% in Q3 2021
Production increased to 10.8 Mt, while equipment breakdown at Saldanha Port and weather disruptions affecting ship movements at the port
Read more
Major Eskom coal suppliers go green with solar energy projects
Exxaro and Seriti, Eskom’s major coal suppliers, are aiming to develop renewable energy projects at their operations with the companies
Read more
Preheater refractory material damage causes kiln outage
Dangote Cement SA (“Sephaku Cement” or “SepCem”) has experienced a further kiln stoppage, unrelated to the previous event announced on
Read more
Sephaku Cement: SepCem rotary kiln back in production
Centurion, RSA – The cement rotary kiln resumed production as scheduled on 6 October 2021 following the unplanned maintenance stop
Read more
Only SA-produced cement permitted on all public sector projects
South Africa’s Treasury Department issued a circular effectively banning imported cement in government-funded projects from 4 November 2021. Importers of
Read more
Mantashe against Eskom: Can fantasy of Clean Coal be a reality
According to the director of the Presidential Climate Change Commission, Dr Crispian Olver, clean coal is a fantasy of some
Read more
Implats concentrate production increases by 16%, record financial results
Impala Platinum (Implats) delivered meaningful progress in achieving operational excellence, with an improved safety performance coupled with an industry leading
Read more
Tharisa reports best quarterly production in the history of its mine
PAPHOS, Cyprus – Tharisa in the fourth quarter of its financial year delivered the highest production of PGMs and chrome
Read more
MC Mining Results for the full year ended 30 June 2021
MC Mining has provided its audited financial statements for the year ended 30 June 2021 declaring the loss after tax
Read more
COSATU’S intended National Day of action 7 October 2021
Management may be aware, from recent media reports, that the Congress of South African Trade Unions (COSATU) is preparing for
Read more