AngloGold faces South African dilemma as M&A; gold rush quickens. JOHANNESBURG – Two decades ago, Anglo American created the world’s No. 1 gold miner by merging its South African assets. Having long since been eclipsed by its rivals, AngloGold Ashanti may need to lea...

Solidarity welcomes sequestration of Khulubuse Zuma. Trade union Solidarity on Friday welcomed the sequestration of former Aurora Empowerment Systems director Khulubuse Zuma. . This followed after he failed to comply with the repayment agreement t...

Katanga appoints new CEO, CFO after signing management services agreement with Glencore International. Katanga Mining has entered into a management services agreement with Glencore International, to better reflect the integrated nature of Katanga’s and Glencore International’s businesses and enhance exi...

Gamsberg to trigger new wave of industrialisation, development. With diversified miner Vedanta Zinc International’s (VZI’s) flagship Gamsberg project coming on stream, the Northern Cape province is poised to become a base metals mining, processing and beneficiation...

Sibanye adds global experience to safety panel. JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has established a Global Safe Production Advisory Panel, after identifying the need for an additional safety initiative in 2018. The pan...

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts. Having determined the procurement of 1 064 diesel and electric locomotives to be “irregular and unlawful”, Transnet has communicated its intention to review contacts awarded to four original equipment ...

South32 delivers solid Q2 results; announces leadership shuffle. PERTH (miningweekly.com) – Diversified miner South32 has reported a solid production performance in the December quarter, with the miner maintaining its production guidance for the full year to June 20...

Project Halo refutes allegations of favoritism in bid to acquire Optimum, Koornfontein mines. JOHANNESBURG – Project Halo – the consortium which came out as the preferred bidder in the highly-contested purchase of coal mine previously owned by the Gupta family – on Tuesday rejected allegations ...

Optimum, Koornfontein preliminary business rescue plan to be submitted for creditor approval next week. Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to ...

Platinum price fall worsening plight of job-intensive mines. JOHANNESBURG (miningweekly.com) – The latest fall of the platinum price is threatening to become the last straw that broke the camel’s back for some deep labour-intensive platinum group metals (PGMs) m...