Acacia fails to change Barrick's view on mine plans. London-listed gold miner Acacia Mining's near-5000-word rebuttal on Monday of claims by its parent company over mine plans for its gold operations in Tanzania has failed to change Barrick Gold's view....

PTM to raise $1.3m for Waterberg DFS. TSX-listed Platinum Group Metals (PTM) on Tuesday announced its intention to raise $1.3-million in a private placement. The company will sell 1.1-million shares at a price of $1.17 apiece to Hosken Co...

Glencore cuts out agents and dealmakers as scrutiny grows. LONDON – Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Unde...

Wescoal prioritises steady-state production after challenging financial year. Despite a turbulent second half in coal miner Wescoal's financial year ended March 31, the company remains positive about achieving its ten-million-tonne run-of-mine (RoM) production target from the 20...

Acacia says ‘strongly disagrees' with Barrick's takeover proposal. LSE-listed Acacia Mining says it “strongly disagrees” with a number of matters set out in a recent announcement by parent company Barrick Gold, adding that the announcement “appears to have ignored the...

Kibo mulls renewables cogeneration opportunities. In line with its strategy of incorporating long-term renewable energy solutions into its existing coal power projects, Africa-focused Kibo Energy has signed a collaboration agreement with ESS Tech to d...

Pleasing Orion bankable points to fast project payback. ASX- and JSE-listed emerging base metals producer Orion Minerals has completed the bankable feasibility study (BFS) for its Prieska zinc/copper project in South Africa's Northern Cape. The company sai...

Ramaphosa's old union seeks South African platinum mine comeback. JOHANNESBURG – The National Union of Mineworkers (NUM), which dominated organised labour across South Africa's platinum belt until the massacre at Lonmin's Marikana mine in 2012, is plotting a comeback...

Mining industry uniquely positioned to simultaneously adopt and drive 4IR. The mining industry in South Africa is continuing its transformation journey as it adjusts to the ever-increasing pace of the prevailing technological revolution, with the 100-plus-year-old industry, s...

Mercuria, South African firms place bids for South32's SAEC coal mines. LONDON/JOHANNESBURG – Seriti Resources and a consortium backed by global energy trader Mercuria are among up to six groups to have submitted final bids for the South African coal assets of South32, fou...