Global Mining News in real time

Dawid Stander returns to Bokoni

By: Natasha Odendaal Joint venture partners Anooraq and Anglo American Platinum (Amplats) on Wednesday appointed Dawid Stander as MD of Bokoni Platinum Mines, effective February 1. Stander, who was working as an independent consultant for the past two years, increased production at the Bokoni mine from 100 000 PGM... 

Cooke steps up to Anooraq platinum plate

By: Martin Creamer Patrick Cooke has been appointed a non-executive director of empowered JSE-listed platinum miner Anooraq, replacing Wayne Kirk, 69, who has also resigned his non-executive director post at gold-mining company Great Basin Gold. 

Bokoni UG2 ops resume, accident cost 1 500 oz

By: Mariaan Webb Platinum miner Anooraq has resumed operations at its Bokoni mine’s Middelpunt Hill UG2 shaft, following a fatal accident on November 18. A total of seven operating shifts were lost at the shaft during the safety stoppage, resulting in a production loss of 1 500 oz of platinum group metals, the... 

Company Announcement: Cautionary Announcement Relating To Proposed Restructuring, Refinancing And Potential Corporate Action

Attached please find a press release on: Shareholders are advised that subsequent to March 31, 2011, Anooraq and Anglo Platinum Limited (“APL”) (the “Parties”) entered into preliminary discussions surrounding a potential transaction between them. The nature of these discussions surrounds the... 

Anooraq says Bokoni restructuring affected 840 workers

By: Creamer Media Reporter Platinum junior Anooraq has completed a labour restructuring process at its Bokoni mine on the eastern limb of South Africa's Bushveld Complex, which affected 840 on-mine personnel. The company had retrenched 153 employees and 374 workers were transferred from positions in services to production... 

Resources Watch

By: Shannon de Ryhove Platinum miner Anooraq posts a profit, thanks to cost-cutting measures; Wescoal targets a R1-billion market cap as it moves to the JSE's main board; and Canadian Liberal MP John McKay, who tabled the contentious Bill C-300, addresses a gathering of the Canadian Institute of Mining, Metallurgy and... 


By: Martin Creamer TSX- and JSE-listed platinum-mining company Anooraq achieved a cash operating profit in the three months to December 31. Pictured is Anooraq CEO Philip Kotze, who reports that the company is studying synergies between its Bokoni and Ga-Phasha continuous orebodies. 

Anooraq CFO resigns

By: Esmarie Swanepoel Platinum producer Anooraq on Tuesday reported that its CFO, Iemrahn Hassen, had resigned from the company, effective from November 23. The company said in a statement that Hassen had resigned to pursue other business interests. 

Anooraq-Angloplat Lebowa transaction concluded

By: Esmarie Swanepoel Global platinum producer Anglo Platinum (Angloplat) has concluded the sale of an effective 51% share of the Lebowa platinum mine, in South Africa, to North American-listed Anooraq, after all the conditions precedent to the acquisition were fulfilled. The transaction became effective from July 1. 

AngloPlat, Anooraq unveil downscaled Lebowa deal, mining plan

By: Creamer Media Reporter The world’s leading platinum producer Anglo Platinum, which has been pursuing a black economic-empowerment (BEE) transaction with Pelawan and Anooraq for the Lebowa platinum mine, announced a downscaled deal and mining plan on Thursday, which the participants indicated was in greater alignment... 

Anooraq to conclude Angloplat negotiations ‘shortly’

By: Creamer Media Reporter Canadian junior Anooraq on Tuesday stated that discussions with platinum giant Anglo Platinum (Angloplat) regarding the purchase of a 51% interest in South Africa’s Lebowa platinum mine, was progressing well, and was expected to be concluded shortly. Anooraq was also in discussions with... 

De Buck joins Anooraq as nonexec board member

By: Esmarie Swanepoel TSX- and JSE-listed platinum producer Anooraq has announced the appointment of Fikile Tebogo De Buck as an independent, nonexecutive director to the board, effective from November 10. “We are delighted that De Buck has agreed to join the board. We look forward to the contributions she will make... 

Nov 30 funding target will be hit despite market turn – Anooraq

By: Martin Creamer Toronto and Johannesburg-listed platinum junior Anooraq is confident of hitting its November 30 Lebowa financing target despite resources markets being “in liquidation mode”, says Anooraq Resources business development head Joel Kesler. Kesler says Anooraq’s strategy is “to raise the right... 

Anooraq appoints Anu Dhir to board

By: Matthew Hill JSE- and TSX-listed platinum junior Anooraq Resources, which has two joint-ventures with world number-one producer Anglo Platinum (Angloplat), has appointed Anu Dhir as a nonexecutive director, it said on Monday. Dhir is currently corporate development vice-president at Katanga Mining, a... 

Anooraq secures R1,7bn debt finance for Lebowa acquisition

By: Matthew Hill Platinum junior Anooraq on Wednesday said that it had secured sole underwritten debt finance from Standard Chartered Bank of up to R1,7-billion for its acquisition of 51% of Lebowa Platinum from top producer Anglo Platinum. Anooraq agreed to buy the stake for R3,6-billion in cash, which it would... 

Pelewan may sell 41,75m Anooraq shares to finance BEE warrants

Platinum junior Anooraq’s controlling shareholder, the Pelawan Trust, may sell up to 41,75-million Anooraq shares to finance black economic-empowerment warrants. 

Resources increased at Anooraq-Angloplat JV

Junior explorer Anooraq on Tuesday said that the resource at the Anooraq-Anglo Platinum Ga-Phasha venture increased in the UG2 reef. 

Anooraq all set to press hard on two SA projects

By: Ollie Madlala Canadian platinum development company Anooraq, which listed on the JSE in December, says it intends to become a significant platinum-group metals producer in South Africa through organic growth and project acquisitions, either as a stand-alone producer or through joint ventures with other producers. 

Another platinum junior heads for JSE listing

Canadian junior-miner Anooraq announced this week that South Africa had converted its old-order prospecting rights over a portion of its properties near Mokopane, in Limpopo, to new-order rights and that its inward dual listing on the JSE had been approved. The Toronto-listed company said in a... 

SA platinum project progresses towards bankable study

Platinum miners Anglo Platinum and Anooraq Resources have announced that the Ga-Phasha platinum-group metals project, on the north-eastern limb of the Bushveld Complex, is moving towards a bankable feasibility study. 

Projects, east, west and north

By: Jade Davenport World's biggest platinum-miner spending over R9bn on ten mine developments 

Canadian junior announces drilling results

Canadian platinum-miner Anooraq Resources has announced additional assay results from an ongoing multi-rig core drilling program at the Drenthe and Overysel North platinum-group metals (PGM) and nickel deposits, located on the Northern Limb of the Bushveld Complex. 

Canadian PGM company advances BEE deal

Canadian platinum company Anooraq Resources has reported another milestone in the implementation of its reverse takeover deal with South Africa's Pelawan Investments, having sold 'bleed shares' worth $9,8-million. 

Canadian junior adds PGMs to its South African portfolio

By: Liezel Hill Canadian-listed mining junior AfriOre has commissioned two additional drillrigs at the Akanani platinum-group metals (PGM) project, situated on the Platreef. 

Encouraging drill results at Anooraq's prospects

Toronto Stock Exchange-listed Anooraq Resources last year announced the results of metallurgical sampling and test work on mineralisation from the Drenthe platinum-group metals (PGM) deposit, located on the northern limb of the Bushveld Complex about 250 km north-east of Johannesburg. 

Anooraq-Pelawan deal completed

Canadian platinum hopeful Anooraq Resources reported this week that its combination with Pelawan Investments has been completed. 

Drilling indicates larger deposit at PGM project

Toronto Stock Exchange-listed Anooraq Resources last week announced that drill results from a major ongoing multirig core-drilling programme, at the Drenthe platinum-group metals (PGM), gold and nickel deposit, located 250 km north of Johannesburg, indicated increases in the size and grade of the... 

SARB approves PGM explorer’s BEE deal

Canadian junior Anooraq will acquire Pelawan’s 50% interest in the Ga-Phasha platinum-group metals project (PGM), a 50:50 joint venture between Pelawan and platinum giant Anglo Platinum. 

SARB approves PGM explorer’s BEE deal

Canadian junior Anooraq will acquire Pelawan's 50% interest in the Ga-Phasha platinum group metals project (PGM), a 50-50 joint venture between Pelawan and Anglo Platinum. 

Anglo Platinum in new venture with explorer

By: jenny furness Platinum explorer Anooraq Resources yesterday announced that its wholly-owned South African subsidiary Plateau Resources had entered into a new exploration joint venture agreement with Anglo Platinum's Rustenburg Platinum Mines. 

Explorer set to drill SA PGM prospect

Canadian explorer Anooraq Resources has announced that a drilling program will begin imminently on the south block property in the Grass Valley area of the Northern Limb of the Bushveld Complex, situated about 230 km north of Johannesburg. 


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