Platmin ‘moves into delivery mode’

Platinum junior Platmin has “moved into delivery mode during 2012” as the company completed the acquisition of Sedibelo West and reported record first-quarter platinum sales, said CEO Tom Dale on Monday. The company, which delisted from the...

DiamondCorp secures R280m IDC loan for Free State mine

The Industrial Development Corporation (IDC) has made a R280-million loan available for the new Lace diamond mine, which DiamondCorp is building in the Free State. The IDC loan would cover over 98% of the estimated capital required to establish a...

Mwana to sell 15% stake in Freda Rebecca gold mine

Aim-listed Mwana Africa said on Friday it would sell a 15% stake in its Freda Rebecca gold mine, in Zimbabwe, to a longstanding board member. Kenneth Musanhi, a Zimbabwean businessperson, would pay $405 000 for the stake.

18/05/2012 (On-The-Air)

The great China-led economic supercycle that has been boosting global economies for a decade appears to be coming to an end; he South African Navy is now allowed to operate in Tanzanian and Mozambican waters to stop piracy.

11/05/2012 (On-The-Air)

Yet another black-controlled manganese mine is being built in South Africa’s richly endowed Kalahari Manganese Basin; The first major step has now been taken towards the realisation of an ambitious new South African dream – the local...

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion. So says Wesizwe CEO Jianke Gao, who was speaking to Mining Weekly in...

Anglo puts State back into steel, competitive bid for Ezulwini, CoAL beating odds at Vele

Diversified miner Anglo American has put the South African State back into steel making;TSX- and JSE-listed gold-and-uranium miner First Uranium is about to face minority shareholder resistance over its recent disposals; and Coal of Africa Limited...

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion.

Tokyo conference to showcase gold’s industrial advances – Mintek

Gold continues to search for its industrial potential, particularly at the nanoscale. Minuscule, nanosized gold particles – measuring three- to four-millionths of a millimetre – are selectively reactive at a nanoscale, while remaining stable...

Tokyo conference to showcase gold’s industrial advances – Mintek

Gold continues to search for its industrial potential, particularly at the nanoscale. Minuscule, nanosized gold particles – measuring three- to four-millionths of a millimetre – are selectively reactive at the nanoscale, while remaining stable...

Anglo American sells Scaw to IDC-led group in R3.4bn deal

Diversified miner Anglo American on Tuesday announced the final stage of the $1.4-billion Scaw Metals Group divestment with the sale of integrated steelmaker Scaw South Africa to an investment consortium led by South Africa’s State-owned...

Waterberg joint venture coal project, South Africa

Firestone Energy has rejected a R300-million offer from the Tata Power Company to buy 30% of its Waterberg joint venture coal project.