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LATEST Mining companies, investment and exploration  

Zimbabwe in ‘advanced’ talks with investor over 6 ton gold mine

17 Oct 2019 /  Antony Sguazzin and Godfrey Marawanyika, Bloomberg    2
The gold mine would be triple the size of the largest gold operation currently in the country.

Tharisa has right to all of $4.2bn Zimbabwe platinum mine

17 Oct 2019 /  Antony Sguazzin, Bloomberg   
The project could be the key to reviving Zimbabwe's economy.

Hunt for palladium riches sends SA miners abroad

9 Oct 2019 /  Felix Njini, Bloomberg    1
The volatility in SA has miners seeking to balance exposure.

Exxon to finalise LNG investment next week, Mozambique says

7 Oct 2019 /  Manuel Mucari, Reuters    1
Exxon estimates the natural gas field in Mozambique will cost $30bn to develop.

‘Good time to invest in South Africa’

3 Oct 2019 /  Dylan Griffiths and Felix Njini, Bloomberg    3
And more updates from day 2 at the Joburg mining indaba.

Amcu accuses Samancor of fraud in court filing

2 Oct 2019 /  Paul Burkhardt, Bloomberg   
Amcu is seeking the court’s permission to litigate against Samancor.

Amcu sees imminent wage deal with Impala Platinum

2 Oct 2019 /  Helen Reid, Reuters    1
Amcu referred negotiations with other miners to CCMA.

Harmony gets new $400m credit facility – bank

2 Oct 2019 /  Wendell Roelf, Reuters   
Bank says Harmony's existing loan and revolving credit facility are oversubscribed.

Anglo CEO says investors need security

2 Oct 2019 /  Felix Njini, Bloomberg    1
And more updates from the Joburg mining indaba.

Amcu refers platinum wage dispute to commission

1 Oct 2019 /  Helen Reid, Reuters   
Amcu will not accept less than a R1 000 increase to monthly wages, Mathunjwa says.

Nigeria’s Rivers state buys Shell’s stake in Ogoniland oilfield

30 Sep 2019 /  Tife Owolabi, Reuters   
The field is among several onshore assets that Shell had been trying to sell in Nigeria.

Aluminum markets flash a warning for the economy

30 Sep 2019 /  Mark Burton, Bloomberg  
Aluminum tumbles to a two-and-a-half-year low.

SA mine earnings at five-year high – PwC

30 Sep 2019 /  Ciaran Ryan  
Helped by rand weakness and commodity price strength.

BHP approached Anglo American Chief Mark Cutifani for CEO role

25 Sep 2019 /  Thomas Biesheuvel and David Stringer, Bloomberg    2
Cutifani rebuffed the company’s advances so far, sources say.

Sibanye Gold expects 5 270 job cuts with closing of SA mine shafts

25 Sep 2019 /  Felix Njini and Dylan Griffiths, Bloomberg    2
Sibanye plans to shut three unprofitable shafts.

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