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By: Megan van Wyngaardt Updated 5 hours ago Triple-listed Atlatsa Resources’ Bokoni mine, in South Africa, produced 194 036 platinum, palladium, gold and rhodium (4E) platinum-group metal (PGM) ounces in the 2014 financial year – a 13.9% increase on the 170 295 oz produced the year before. This was also the mine’s highest production since... →
By: Terence Creamer Updated 5 hours ago The Department of Energy (DoE) announced on Tuesday that the pre-procurement phase for South Africa’s proposed roll-out of a nuclear new build programme had been completed, following the latest in a series of workshops with vendor countries and their companies. Consultations had been held with... →
Updated 6 hours ago Aim-listed energy provider Ncondezi Energy has been granted an extension for meeting certain conditions relating to the conditional commercial deal signed between it and Electricidade de Moçambique (EdM) for its 300 MW power plant. Ncondezi was establishing an integrated thermal coal mine and... →
By: Natasha Odendaal Updated 6 hours ago JSE-listed Wescoal CEO and director Andre Bojé has resigned, effective April 14, after 18 years at the helm, the company announced on Tuesday. Wescoal appointed Waheed Sulaiman as acting CEO as the board this week starts the process of identifying a successor. →
By: Martin Creamer Updated 6 hours ago A call for platinum-rich South Africa to commit to 1 000 MW of platinum fuel cell-generated electricity by 2020 was made on Tuesday evening during the unveiling by Trade and Industry Minister Rob Davies of Africa’s first platinum fuel cell baseload power unit, which has been installed at the... →
By: Natasha Odendaal Updated 6 hours ago Dual-listed gold miner AngloGold Ashanti on Tuesday said it has received interest from an unnamed company for the buy-out of the gold miner’s stakes in its joint venture (JV) mines in Mali. AngloGold aimed to dispose of its 41% stake in Sadiola and its 40% stake in Yatela – both JV operations... →
By: Martin Creamer Updated 6 hours ago Government, organised mining and organised labour have agreed to work collaboratively to obtain a court ruling on the crucial issue of black economic-empowerment (BEE) ownership of mines, the only sticking point of Tuesday’s Mining Charter deadline. In an interim announcement on the outcome of... →
By: Megan van Wyngaardt Updated 7 hours ago Diamond mining giant De Beers Group on Tuesday initiated the 2015 to 2018 global sightholder sales (GSS) contracts that required customers to provide group accounts in line with International Financial Reporting Standards (IFRS) consolidation standards. The new contract period has been designed... →