Surpassing the 26% black equity target

In line with South African legislation, mining junior Galaxy Gold has inked a black economic-empowerment (BEE) deal that that will see the company surpass the 26% black equity target set out by the country’s Mining Charter by April 2014.

Galaxy Gold announces BEE transaction

In line with South African legislation, mining junior Galaxy Gold on Tuesday inked a black economic empowerment (BEE) deal that would see the company surpass the 26% black equity target set out by the country’s Mining Charter by April 2014....

Galaxy Gold founder Peter Skeat steps down

Gold-mining junior Galaxy Gold founder and CEO Peter Skeat is standing down to become a nonexecutive director of the company. The miner on Monday announced that nonexecutive chairperson Ian Watson has been appointed as executive chairperson and...

Resources Watch

This week: the historic joint declaration aims to grow and transform South African mining; Australia's Resources Generation seeks to raise R4,5-billion for its Waterberg coal mine; and golden treasure arises beneath the skirt of the old Agnes mine.

FLEDGLING GOLD MINER

Fledgling gold-mining and exploration company Galaxy Gold plans to reverse-list on the main board of the JSE on August 11. Miner Peter Skeat - seen under the lights of Mining Weekly's camera team - has teamed up with former Gold Fields, Northam...

Skeat heads for JSE with galaxy of greenstone-gold Barberton assets

Billions of years ago, rich gold fluids are said to have rushed into four-kilometre-high cracks that early Barberton miners were able to mine very minimally in 1884.

Even though these old-timers where only scratching the surface, things got...

Resurgent Peter Skeat heads for Aug 11 Galaxy Gold listing on JSE

Mining veteran Peter Skeat's new gold-mining and exploration company Galaxy Gold is heading for a reverse listing on the main board of the JSE on August 11. The new company is taking up where old-timers left off in Barberton's greenstone belt,...

Company Announcement: Western Copper Announces New Director And Change To Management Team

Attached please find a press release on: Western Copper Corporation (“Western Copper” or the “Company”) (TSX:WRN) is pleased to announce the appointments of Mr. Ian Watson as a new Director of the Company and Dr. Paul West-Sells as...

Favourable interim results for SA platinum producer

Producer of platinum-group metals Platmin announced a second-quarter profit of $6,6-million in its interim results for the half-year ended August 31, 2009.

Gilbertson, Davis set to ‘turn platinum-mining on its head'

The introduction of Mick Davis' Xstrata and Brian Gilbertson's Pallinghurst would turn the platinum-mining business on its head, RBC Capital Market analyst Leon Esterhuizen predicted on Tuesday. Esterhuizen said that, by their very nature, both...

Platmin appoints Gilbertson as chair, Dale as CEO

Tom Dale, the outgoing CEO of South African fluorspar-miner Sallies, would join platinum junior Platmin as CEO on December 1, succeeding Ian Watson, who resigned earlier this month. Sallies announced on Friday that Dale had resigned as director...

Platmin begins search for new CEO to succeed Watson

Aim-, JSE- and TSX-listed Platmin has started evaluating suitable candidates to succeed its current CEO Ian Watson, who will retire as an executive and director of the junior mining company at the end of the year. "Ian has been a director and...