Lower production and lower sales volumes have contributed to a decrease in JSE-listed Wescoal’s headline earnings per share (HEPS) and earnings per share (EPS) for the financial year ended March 31. The group, which will release its results on June 25,…
Lower production to cut Wescoal’s full-year earnings Read More »
A Harmony Gold employee died in an engineering-related accident at the company’s Nyala hoisting shaft, situated near the Phakisa operation, in the Free State, on Wednesday night. An investigation into the accident is under way.
Fatality at Harmony’s Nyala shaft Read More »
A court case against the directors of Aurora Empowerment Systems has been postponed to July 15 to allow the State to locate one of the accused, the Organisation Undoing Tax Abuse said on Tuesday. Aurora directors Khulubuse Zuma, Zondwa Mandela and Thul…
Case against Aurora directors postponed to July Read More »
Although Mining Charter III has resulted in greater collaboration between stakeholders across the mining industry, while taking into account the realities facing the industry, areas of uncertainty remain and these are likely to raise compliance costs. …
Areas of uncertainty regarding Mining Charter likely to raise compliance costs Read More »
JSE-listed Gold Fields on Monday announced the successful buyback of $250-million of the outstanding 2020 notes. The successful completion of the new bonds, as well as the buyback helps Gold Field to achieve one of its key financial objectives for this…
Gold Fields completes buyback of $250m worth of 2020 notes Read More »
Diversified miner Vedanta Resources says it remains open to dialogue with the Zambian government regarding the future of its Konkola Copper Mines (KCM) subsidiary. This follows the recent appointment of Milingo Lungu of Lungu Simwanza & Company as …
Vedanta open to dialogue with Zambia about KCM’s future Read More »
Graphite developer Walkabout Resources has started an integrated “early start” programme for the procurement, manufacturing and site works for the Lindi Jumbo project, in Tanzania. The “early start” programme is aimed at fast-tracking the project to pr…
Walkabout fast-tracks Tanzania project Read More »
Giyani Metals on Friday announced that the Department of Environmental Affairs (DEA) in Botswana had approved the environmental management plans (EMP) for its K.Hill and Otse manganese prospects and requested the company to proceed to the public review…
Giyani receives EMP approvals for Botswana manganese prospects Read More »
Industrial minerals and construction materials group Afrimat has recorded a good overall performance for the year ended February 28, and achieved positive results for the period owing to its diversification strategy, Afrimat group CEO Andries van Heerd…
Afrimat’s diversification contributes to strong full-year results Read More »
Aim-listed Bushveld Minerals’ updated mineral resource and ore reserve for the Vametco vanadium mine near Brits on the western limb of the Bushveld Complex has indicated a significant increase in ore reserves and grade from the 2017 estimate, Bushveld …
Vametco’s ore reserves, grade increase significantly Read More »
