‘I have conducted myself with full integrity' – Gounden on Lonmin dispute

Former South African Public Enterprises DG and current HolGoun executive chairperson Dr Sivi Gounden said that he had conducted himself with full integrity and that his company had complied with all the requirements relating to the awarding of...

Anooraq to change name to Atlatsa to reflect SA focus

TSX- and JSE-listed Anooraq Resources said on Friday that it would change the company name to Atlatsa Resources, following shareholder approval on Thursday. The platinum miner said that the name change would better reflect its South African...

Anooraq says Bokoni restructuring affected 840 workers

Platinum junior Anooraq has completed a labour restructuring process at its Bokoni mine on the eastern limb of South Africa's Bushveld Complex, which affected 840 on-mine personnel. The company had retrenched 153 employees and 374 workers were...

Pan African receives extension on CTRP due diligence

JSE- and Aim-listed Pan African Resources has received an extension to May 17, for the completion of a technical and financial due diligence study on a chromite tailings plant near Kroondal. The due diligence study forms part of its acquisition...

Daily podcast – April 19, 2010

Harmony Gold has begun to close three underperforming shafts in the Free State province; and Platmin will acquire Barrick Gold Corporation's 10% interest in the Sedibelo platinum project for $15-million.

Anooraq says Bokoni mine turned cash operating profit in Q4

Platinum junior Anooraq Resources achieved a fourth-quarter cash operating profit of C$2,1-million at its Bokoni platinum mine, on the Eastern Limb of South Africa's Bushveld Complex, thanks to higher platinum-group-metals prices and cost-saving...

Pan African to buy stake in PGM tailings facility for R53m

JSE- and Aim-listed Pan African Resources announced a R53-million deal on Wednesday opening the way for it to acquire a position in a platinum-group-metals producing chromite tailings retreatment plant (CTRP), located at Kroondal, on the Western...

Daily podcast – May 21, 2009

In today's podcast: Pan African Resources exercises its option to buy Phoenix Platinum from Metorex a month ahead of schedule; and ArcelorMittal delays the launch of a planned $1,5-billion iron-ore mine in Liberia as a result of falling demand.

Daily podcast – January 27, 2009

In today's podcast: a Transnet Freight Rail coal train derails; and production at the Transalloys manganese-ore smelting operation will cease for two months.

Platinum junior completes hedging programme

Ridge Mining, the platinum junior codeveloping the Blue Ridge mine, has sold some 5% of production of the mine's three main metals on forward contracts, it said on Thursday. The company completed its hedging programme at a time when...

Underground trial mining starts at Eastplats' Spitzkop

Canadian platinum-miner Eastern Platinum (Eastplats) has started underground trial mining and bulk sampling at its Spitzkop project, in South Africa's Bushveld Complex, to evaluate the actual mining conditions, it said on Thursday. Spitzkop...

Platinum exploration company Ridge mulls secondary Joburg listing

Aim-traded exploration and development firm Ridge Mining, which expects to produce its first platinum-group metals (PGMs) before the year-end, is giving “active consideration” to pursuing a secondary listing of its shares later in...