Zimbabwe attracts two new investors to develop platinum mining projects. MHONDORO-NGEZI – Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease ...

Royal Bafokeng boosts production despite setbacks. JOHANNESBURG (miningweekly.com) – Black-owned platinum group metals (PGMs) mining company Royal Bafokeng Platinum boosted its production in the three months to March 31, in spite of several setbacks in...

Eager black investors fund premium-priced opportunity in zinc, copper. JOHANNESBURG (miningweekly.com) – Black investors have self-funded the purchase of shares at a premium price in the fast-tracked redevelopment of the Prieska zinc and copper mine in the Northern Cape, ...

Gold output to reach record high this year – report. Gold production increased for the tenth consecutive year in 2018 to 107.3-million ounces and is expected to reach a new record high of 109.6-million ounces this year, S&P; Global Market Intelligence res...

MC signs coal offtake agreement for Makhado thermal coal. ASX-, Aim- and JSE-listed MC Mining's Limpopo Coal Company subsidiary has entered into a sale and purchase agreement with one of the world's largest producers and marketers of bulk commodities for the ...

Orion clinches potent new-style empowerment deal. JOHANNESBURG (miningweekly.com) – Sydney- and Johannesburg-listed exploration and mining development company Orion Minerals has found a formula to achieve empowerment that puts all shareholders at full...

Acacia reports 13% lower gold production for the first quarter. Gold miner Acacia Mining on Monday reported gold production of 104889 oz for the first quarter of this year, a 13% year-on-year decrease mainly as a result of lower output at the North Mara and Buzwag...

Gemfields sells Jupiter shareholding for $31m. JSE- and BSX-listed Gemfields’ subsidiary, Pallinghurst Consolidated, will sell the 145-million shares it holds in ASX-listed Jupiter Mining to AMCI Euro Holdings for A$44-million, or $31-million. G...

Petra Diamonds' new CEO to work on strategy, seeks stability first. LONDON – African miner Petra Diamonds, which has high debt levels, aims to be cash flow positive in the second half of the year and will then be able to consider future developments, its new chief exec...

Mbazima to retire from Anglo American after 18 years. Norman Mbazima will step down as deputy chairperson of Anglo American South Africa on June 30. “Norman has made an exceptional contribution to Anglo American over the last 18 years, delivered with t...