Miranda in tight financial position until first coal is delivered

The directors of JSE-listed exploration junior Miranda Minerals on Wednesday said despite concerns about the company’s ability to continue operating as a going concern, it was hoping to start producing coal from its Sesikhona reserve outside...

Miranda shares jump as JSE suspension is lifted

Shares in junior Miranda Minerals surged on Monday, after the JSE lifted a trading suspension and the company said it was confident it would be able to continue operations and pay its debts. Earlier this month, the coal explorer asked the...

Miranda continues to oppose business rescue application – chair

The board of JSE-listed Miranda Minerals and two major shareholders, Global PS and Yakani, would continue to “vigorously” oppose an application to start a business rescue process, chairperson Lulama Mokhobo told Mining Weekly Online on...

Company Announcement: Miranda Mineral Holdings To Relaunch Claw Back And Rights Offers

Attached please find a press release on: The Miranda Claw Back and Rights Offers, intended to raise R83,6-million for the company, is to be re-launched, the company announced today.

GFMS keeps $1 600/oz gold forecast, Aquarius buys platinum company, Miranda accelerating coal projects

The price of gold is expected to break through $1 600/oz before the end of this year; Platinum miner Aquarius is buying Afarak Platinum for $109,7-million; and

Miranda Minerals secures R98m for projects

South African junior miner Miranda Minerals has secured a minimum of R98,3-million in equity funding to develop its mining and exploration assets. The miner noted that this was done through a two-stage capital-raising programme. During an...

Gold investment demand to continue - Murenbeeld, Miranda to list South African coal assets in Australia, African Eagle to develop JV gold mine in Tanzania

The growth in investment demand for gold is still in its "early days", and the price of the precious metal is not in a bubble, Dundee Wealth economist Martin Murenbeeld has delegates at the Canadian Institute of Mining, Metallurgy and Petroleum...

Miranda to list South African coal assets in Australia

The South African coal assets of the JSE-listed Miranda Mineral are to be hived off into a separate ASX listing at a time of rallying coking coal prices, Miranda CEO Ron Nel said on Friday. Nel said that both Miranda Coal and the operational...

Flagship project converted from exploration to 
mining status

Mineral exploration investment company Miranda Minerals’ (Mirands’s) subsidiary, Sesikhona Kliprand Colliery, has been granted mining rights for its flagship project situated in the Dannhauser district, in KwaZulu-Natal.

Miranda wins tender for KZN prospecting rights

Exploration firm Miranda on Tuesday said that it had won a tender to prospect for coal and develop five farms in northern KwaZulu-Natal, which were contiguous with two of its existing projects. The company said that the Amajuba District...

Company Announcement: Miranda awarded Amajuba Tender for four Coal Prospecting Rights

Attached please find a press release on: The board of Miranda today announces that its subsidiary Keldoron Properties 22 (Pty) Limited (“Keldoron”) has been awarded a tender to prospect for and develop four Coal Prospecting Rights currently...

Company Announcement: Miranda undertakes Joint Venture with Nava Resources on potential coal resource in Ermelo District.

Attached please find a press release on: The board of Miranda is pleased to announce that the company has entered into a (“JV”) with Nava Resources (Pty) Ltd to explore the potential coal resource on the farm Lielifontein 136IT situated in the...