Gold One FY output grows 96% after acquisitions

ASX- and JSE-listed mid-tier mining group Gold One on Thursday reported a 96% increase in gold production to 241 755 oz for the year ended December 31, 2012. The improved output was bolstered by the strategic acquisitions of Goliath Gold Mining,...

Company Announcement: Inaugural Event 2012

The Junior Mining & Exploration Conference & Exhibition, is set to take place from 6th – 8th November, 2012, at Turbine Hall, Newtown, Johannesburg

Meridian to sell Lennard Shelf to Chinese shareholder

ASX-listed diversified explorer Meridian Minerals has signed a nonbinding agreement with a Chinese investor Northwest Nonferrous International Investment Company to sell its Lennard Shelf lead/zinc project, for A$78-million. Northwest is...

IFC earmarks $300m for African mining investments over 3 yrs

The International Finance Corporation (IFC) has announced its intention to invest $300-million in mining companies operating in Africa over the next three years. IFC senior investment officer for mining infrastructure and natural resources in...

Senate committee slams MRRT, says ‘worse’ than super tax

Australia’s proposed minerals resources rent tax (MRRT) would be worse for mining jobs and investment than its super profits tax (SPT) predecessor, a Parliamentary senate select committee on fuel and energy has said. The committee, made up of...

Rockwell challenges Pala to come clean on 'restructuring'

TSX- and JSE-listed Rockwell Diamonds, which said on Friday it would not file its annual financial statements on time, is still waiting for any definitive indication of what rogue shareholder Pala Investments thinks should be done differently at...

Explorer growing into fully fledged gold miner

Gold mining company Pan African Resources CEO Jan Nelson is positive that the company will become a 500 000 ounce producer within the next five years

Continued software growth in Africa

Mining productivity solutions provider Gemcom Software International reported continuing growth of its operations in Africa, with the addition of new personnel, locations and an expanded range of offerings.

South African operations underpin Petra potential

It has been a long haul for chartered accountant Johan Dippenaar and his colleague, geologist Jim Davidson, from taking over a near-moribund diamond operation near Swartruggens in 1990, to being CEO of a successful mid-tier mining company today.

Metorex to raise funds for R250m copper project

Diversified mid-tier mining company Metorex has announced that the circular pertaining to the fundraising for the R250-million Ruashi project has received JSE Securities Exchange approval.

Metorex to raise funds for R250m copper project

Diversified mid-tier mining company Metorex yesterday announced that the circular pertaining to the fund raising for the R250-million Ruashi Project has received JSE Securities Exchange approval.

Metorex to extract more value from Barberton buy

South African mid-tier mining company Metorex announced yesterday that the group was pushing ahead with two expansion projects and that it still believed significant value could be extracted from it Barberton Mines acquisition.