Harmony Gold Mining, which is led by CEO Peter Steenkamp, intends to place authorised, but unissued, shares in the company to qualifying investors who agreed to subscribe for about $200-million. The placing is being conducted through an accelerated boo…
Harmony implements bookbuild to raise $200m Read More »
South African miner Impala Platinum (Implats) expects to face increasing challenges to its medical preparedness and operational resilience as the Covid-19 pandemic progresses in the coming months. According to CEO Nico Muller, the benefit of experience…
Implats remains bullish about progress in a post-Covid-19 world Read More »
TSX-V-listed Pangolin Diamonds on June 23 provided an update on recent activities at its various projects in Botswana, with all field teams now fully operational. It added that the Botswana Department of Mines had granted the company’s joint venture pa…
Field teams resume activities at Pangolin’s Botswana exploration projects Read More »
Vantage Goldfields Limited (VGL) and Siyakhula Sonke Empowerment Corporation (SSC) representative Fred Arendse on June 23 proposed amended business rescue plans for the Lily gold mine, in Mpumalanga. The Lily and Barbrook mines have been the subject of…
New business rescue plan proposed as Lily, Barbrook mines dispute continues Read More »
ASX-listed Resource Generation (Resgen) is finalising the funding approval for the Boikarabelo coal project rail link. The company is busy securing the investment committee and board approval for the nonbinding equity and debt term sheets between its s…
Approval forthcoming for Boikarabelo rail project funding, says Resgen Read More »
Preliminary materials have been delivered by DRA Global to ASX- and LSE-listed Danakali’s Colluli potash project, in Eritrea. The delivery will enable the identification of focus areas to manage the design and process risks during the detailed design p…
Danakali advancing EPCM work at Eritrea potash project Read More »
Aim-listed diamond producer BlueRock Diamonds achieved its target to reach a yearly run rate of 400 000 t and operational profitability through enhanced production at the end of 2019. In a statement on June 22, the producer, which owns and operates the…
BlueRock increases Kareevlei yearly run rate to 400 000 t Read More »
The implementation of the business rescue plan of embattled construction company Basil Read Limited (BRL), a subsidiary of Basil Read Holdings, continues, even as its effect at a group level remains uncertain until its completion. According to monthly …
Basil Read Limited’s business rescue progressing Read More »
TSX- and NYSE-listed Tanzanian Gold has reached commercial production at the oxide ore processing plant at its Buckreef project, which comprises a dormant gold mine and four prospects located in the north-central region of Tanzania. The plant is now be…
Tanzanian Gold reaches commercial production at Buckreef project Read More »
A recent decision by the Swedish Geological Survey (SGU) has completed the demarcation of battery anode and graphene additives company Talga Resources’ Vittangi graphite project, in northern Sweden, as a mineral deposit of national interest. This desig…
Talga’s Sweden graphite project gets ‘national interest’ demarcation Read More »
