Miranda downsizes Sesikhona, outlines Rozynenbosch rights setback

Shares in JSE-listed Miranda Minerals dropped sharply on Tuesday, after the miner published a voluntary update in which it outlined prospecting rights setbacks and announced that the Sesikhona project had been downscaled. Miranda, which is listed...

Miranda expects finality soon on revised capital raising plan

Coal exploration and development company Miranda Minerals was confidant that its relaunched capital raising effort would be concluded by the first week of June. The JSE-listed company plans to raise up to R83,6-million by way of a clawback offer...

Miranda Minerals to raise R83,6m through clawback rights offer

South African based mineral exploration investment and holding company Miranda Mineral Holdings reports its claw back and rights offers, which are expected to raise up to R83,6-million, have become unconditional.

Miranda puts coal listing on hold, to focus on Sesikhona production

JSE-listed Miranda Minerals said on Monday that it would restructure its Miranda Coal management team and board to include appropriate technical expertise to bring its coal mining projects in KwaZulu-Natal to realisation. The company previously...

Miranda Minerals secures R98,2m investment from Dubai firm

JSE-listed Miranda Minerals has secured an investment of R98,2-million from a Dubai investment firm chaired by former Thailand Prime Minister Dr Thaksin Shinawatra.

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...

Design completed for first phase of Miranda’s maiden coal mine

JSE-listed minerals exploration and development company Miranda Resources on Friday reported that it has advanced towards the commissioning its first coal mine during its financial year, which ended on August 31, 2009. Miranda had been granted...

Miranda Minerals’ Burnside project granted mining rights

South Africa’s Department of Mineral Resources has granted JSE-listed Miranda Minerals mining rights for its Burnside coal project, in KwaZulu-Natal. The Burnside project, which had an indicated resource of 18,9-million tons and an inferred...

Company Announcement: Burnside Mining Right Application Accepted by DMR

Attached please find a press release on: The Miranda board is pleased to announce that the application for a coal mining right on Miranda Coal’s Burnside project has been accepted by the Department of Minerals Resources (DMR). The application...

Miranda completes environmental study for KZN coal project

JSE-listed coal producer Miranda Minerals on Tuesday said that it had completed an environmental impact assessment (EIA) on its Uithoek coal project, in KwaZulu-Natal. The junior coal company would be submitting the study to the Department of...

Miranda’s Sesikhona coal project to move into production phase

A revised project plan allowed for opencast mining at Miranda Minerals’ Sesikhona Kliprand colliery, in KwaZulu-Natal, to start within the next two months, the company announced on Monday, adding that the mining licence for the project had been...