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Afrimat to acquire AMSA, other shareholders' interest in Northern Cape iron-ore projects . JSE-listed ArcelorMittal South Africa (AMSA) has reached an agreement to sell its 25% shareholding in Coza Mining, held through subsidiary Oakwood Trading, to Afrimat.

Coza’s principal activities are...

Orion sees N Cape as ‘dripping roast’ as Prieska project declared 'shovel ready' . JOHANNESBURG (miningweekly.com) – Orion Minerals CEO Errol Smart is over the moon about the granting of the final mining right for the Prieska copper/zinc resource, near the Northern Cape town of Coppe...

Encouraging exploration would deliver enormous opportunities for SA – Bristow . JOHANNESBURG (miningweekly.com) – Encouraging exploration in South Africa would deliver enormous opportunities, says Barrick Gold president and CEO Dr Mark Bristow, a world leader in exploration succes...

Sibanye hosts Marikana memorial lecture . JSE-listed precious metal miner Sibanye-Stillwater on August 14 hosted a memorial lecture honouring the 44 people who were killed in the Marikana shooting tragedy in August 2012.

Sibanye CEO Neal Fro...

Sibanye's interim earnings boosted by higher prices, weaker dollar . JSE- and NYSE-listed platinum group metals (PGMs) and gold miner Sibanye-Stillwater has advised it expects a 3.7% increase year-on-year in basic earnings to R9.3-billion, or $563-million, for the six m...

Proposed mining tax amendments could have far reaching, unintended consequences, says firm . In line with announcements made by National Treasury in the 2020 Budget Review in February, the 2020 Draft Taxation Laws Amendment Bill (DTLAB) proposes amendments to the Income Tax Act (ITA) with the ...

Exxaro pays dividend on 40%-higher half-year earnings . JOHANNESBURG (miningwekly.com) – Black-empowered diversified resources group Exxaro Resources on Thursday declared an interim dividend on posting a 40% increase in earnings before interest, taxes, depr...

South Africans must work together on an accelerated economic recovery plan – Exxaro . JOHANNESBURG (miningweekly.com) – South Africans must work together on an accelerated economic recovery plan that focuses on inclusive growth and prosperity for all citizens, Exxaro Resources CEO Mxoli...

Minerals Council welcomes Mantashe's withdrawal of appeal to SCA . The Minerals Council South Africa has welcomed Minerals Resources and Energy Minister Gwede Mantashe's decision to withdraw his notice of appeal to the Supreme Court of Appeal in respect of a declarato...

Gold collapses below $1 900 as rout extends into the second day . Gold’s rout is not yet done. Prices sank below $1 900/oz on Tuesday, extending the precious metal’s slump into a second day after the haven lost more than 5% in the week’s opening session.

After sett...