R/€ = 15.88 Change: 0.01
R/$ = 14.01 Change: 0.01
Au 1325.52 $/oz Change: -10.05
Pt 826.95 $/oz Change: 3.54


South32 boasts record manganese, aluminium production in December quarter

By: Megan van Wyngaardt     17th January 2018 Triple-listed diversified miner South32 on Wednesday reported that, while it had achieved its guidance for all its operations during the three months to December 31, its South African manganese operations, in particular, exceeded expectations, owing to strong market demand. Saleable ore... 

South32 okays R4.3bn project, eyes JSE for rejigged energy coal 

By: Martin Creamer     27th November 2017 Diversified mining and metals company South32 on Monday approved the R4.3-billion, 20-year Klipspruit life extension project at South Africa Energy Coal (SAEC), and at the same time set out to turn its South African energy coal business into a standalone entity, earmarked for further empowerment... 

AMSA CEO resigns, but to stay on as nonexecutive director

By: Natalie Greve     14th December 2015 ArcelorMittal South Africa (AMSA) CEO and executive director Paul O’Flaherty has resigned, citing a wish to “pursue other interests”. He would step down after the announcement of the 2015 year-end results on February 12, 2016, after which he would be appointed as a nonexecutive director, with... 

Wescoal meets outstanding condition on prospecting right buy-out

By: Natasha Odendaal     13th February 2015 The outstanding condition precedent on JSE-listed Wescoal’s acquisition of Catwalk Investments’ Sarie Marais prospecting right, in Mpumalanga, has been fulfilled. The R4.6-million acquisition, which was expected to bolster the life of Wescoal’s Khanyisa Phase 2 operations, had now become... 

Wescoal buys prospecting right adjacent to Khanyisa

By: Natasha Odendaal     19th November 2014 JSE-listed Wescoal has bolstered the life of its wholly owned subsidiary Wescoal Mining’s Khanyisa Phase 2 operations through the R4.6-million buyout of Catwalk Investments’ Sarie Marais prospecting right, in Mpumalanga. The purchase price was excluding value-added tax (VAT) and the deal included... 

Sishen mine to be restored to full production capacity by 2016

12th December 2013 Kumba announces plans to restore Sishen mine to production capacity of 37 Mtpa by 2016 and to sustain production at Kolomela mine at 10 Mtpa, an 11% increase above the mine’s original design capacity. The Company will detail its plans at the Anglo American plc investor presentation this afternoon... 


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