https://www.miningweekly.com

Resources Watch

Resources Watch

10th March 2016

  

Font size: - +

Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:

Eqstra H1 profit falls on exit of noncore operations
RBPlat posts FY loss, delays projects 
And, Sibanye Gold preparing to spend upped R3.9bn capex


JSE-listed Eqstra’s profits plunged into the red during the first half of the 2016 financial year, as an exit plan and overall progress made on the company’s 2020 strategy weighed on the interim financial results.

Eqstra CEO Jannie Serfontein:

Owing to depressed market conditions with metal prices “tanking at an alarming pace”, compounded by ongoing work stoppages owing to five fatalities, platinum miner Royal Bafokeng Platinum has posted dismal results, with a headline loss a share of 83c for the 2015 financial year, compared with headline earnings a share of 239c for 2014

RBPlat CFO Martin Prinsloo:


Precious metals mining company Sibanye Gold is forecasting a capital expenditure of R3.9-billion this year, an increase of more than R400-million on 2015.

Sibanye Gold CEO Neal Froneman:


For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by Creamer Media Reporter

Comments

Showroom

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.131 0.167s - 106pq - 2rq
Subscribe Now