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Bauba makes first chrome shipment in platinum exploration funding move

By: Martin Creamer     Updated 34 minutes ago The JSE-listed Bauba Platinum, which is mining and selling chrome ore to fund its platinum exploration, this week shipped the first run-of-mine output from its maiden chrome horizon blast at the Moeijelik operation. Bauba last year entered into a two-year chrome-ore supply agreement with ASA... 

Bauba makes first chrome shipment in platinum exploration funding move
Photo by Duane Daws
Syd Caddy

Baoulé project a ‘company-maker’ for Stellar Diamonds

By: Natalie Greve     Updated 2 hours 51 minutes ago The dense media separation (DMS) plant at Aim-listed Stellar Diamonds’ Baoulé kimberlite pipe project, in Guinea, has reached its target processing capacity of 50 t/h, the company said in an interim results statement for the six months ended December 31, on Friday. This comes after the diamond... 

Eskom CEO's suspension challenge struck from roll

By: Sapa     Updated 3 hours ago Eskom CEO Tshediso Matona's challenge to his suspension was struck from the roll at the Labour Court in Johannesburg on Friday. "The application is struck from the roll," Judge Benita Whitcher said. 

Eskom CEO's suspension challenge struck from roll
Photo by Duane Daws
Eskom CEO Tshediso Matona

Orapa diamond field to plug ‘clear’ supply gap, asserts explorer

By: Natalie Greve     Updated 3 hours ago Diamond explorer Botswana Diamonds continued to advance second-phase exploration on three of its joint venture (JV) blocks in the Orapa area of Botswana, telling shareholders on Friday that the diamond industry continues to “glisten” in a resource sector depressed by weak demand. Chairperson John... 

Basil Read reports R820m loss

By: Megan van Wyngaardt     Updated 5 hours ago A challenging construction sector, difficult contractual environment and poor operational performance have contributed to JSE-listed construction company Basil Read reporting an R820.9-million aftertax loss for the year ended December 31, 2014. “Lossmaking contracts across all construction... 

Basil Read reports R820m loss

Evolution confirms talks to buy WA assets from La Mancha

By: Esmarie Swanepoel     Updated 5 hours ago Australian gold miner Evolution Mining on Friday confirmed reports that the company had been engaging private gold producer La Mancha in negotiations regarding potential asset acquisitions. Evolution reported that discussions with La Mancha had taken place regarding a possible transaction... 

Evolution confirms talks to buy WA assets from La Mancha

Opportunity to improve mining tax – KPMG

By: Creamer Media Reporter      Updated 5 hours ago Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about mining taxation. 

Opportunity to improve mining tax – KPMG

A1 shares rise on gold pour announcement

By: Esmarie Swanepoel     Updated 5 hours ago ASX-listed junior A1 Consolidated Gold delighted shareholders on Friday by announcing the first gold pour at its Maldon treatment plant, in Victoria, resulting in a 25% increase in its share price. The first gold dore, produced earlier this week, weighed 146.3 oz, and was produced from the... 

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