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By: Megan van Wyngaardt Updated 2 hours ago Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium has launched a High Court application against financial services provider Sasfin Bank. The JSE-listed company on Monday said that, in the application, which was submitted to the court on May 22, the company’s... →
By: Martin Creamer Updated 2 hours 8 minutes ago Fuel cell electric vehicles will allow platinum mining to build its future in a truly sustainable way on the back of zero exhaust emissions and the use of the world’s endless supply of hydrogen as a fuel source, Anglo American Platinum (Amplats) CEO Chris Griffith has told Platinum Week 2015 in... →
By: News24Wire Updated 2 hours 39 minutes ago President Jacob Zuma has dismissed as "false" comments by a lawyer linking the presidency to the retirement of the North West police commissioner. "The presidency rejects the false statements made by Marikana defence attorney, Andries Mkome... in relation to the provincial and national police... →
By: Ajoy K Das Updated 6 hours ago A final decision on producer Coal India Limited (CIL) aborting its Mozambique investments will only be taken in September or October, after the impact on diplomatic and economic bilateral relations between the two countries has been assessed. According to government officials, CIL’s "unofficial"... →
By: Natalie Greve Updated 6 hours ago Diamond producer Trans Hex, which is finalising its results for the year ended March 31, 2015, expects earnings a share to increase by between 765% and 785% year-on-year to between 179c and 183c for the 12 months. Similarly, headline earnings a share were expected increase by between 725% and... →
By: Esmarie Swanepoel Updated 6 hours ago The resources rumour mill proved true on Monday after metals miner Independence Group and nickel developer Sirius Resources announced merger plans, that valued Sirius at around A$1.8-billion. →
By: Esmarie Swanepoel Updated 6 hours ago Gold miner Evolution Mining on Monday announced that it would spend $550-million to acquire the Cowal gold mine, in New South Wales, from fellow Barrick Gold. Evolution executive chairperson Jake Klein described the acquisition as a “transformational” transaction for the company, pointing out... →
By: Esmarie Swanepoel Updated 6 hours ago Copper miner Hillgrove Resources on Monday announced the refinancing of its debt facilities, along with an equity raising and the appointment of a new MD. The ASX-listed said the refinancing package would provide amortisation of debt repayments to align with the most recent life-of-mine plan for... →