Amplats, Northam deal boosts Zondereinde mine life

A three-part transaction was announced on Tuesday when Northam Platinum and Anglo American Platinum (Amplats) each outlined a mix and match deal that involves R1-billion in cash for a large platinum mining resource area on the western limb of the Bushveld Comp...

Thursday, October 13, 2016

New low-cost producer thriving in turbulent mining climate

Integrated resources group Tharisa is confident about its outlook and being able to pay its maiden dividend after the financial year-end, with its Tharisa mine, in South Africa’s Bushveld Complex, reaching steady state production and generating cash flow.

Saturday, October 8, 2016

$100m manganese ferroalloy projects planned in Sohar in Oman

Gulf Mining Group, one of the largest mining and mineral processing corporations in the Sultanate, is weighing plans to set up the Sultanate’s first manganese ferroalloy smelter at Sohar — part of the corporation’s strategy to add value to Oman’s prolific ...

Saturday, October 8, 2016

Chrome producers fail to meet demand

Apple Bridge, a Special Purpose Vehicle created by Government last year to facilitate chrome ore trade is sitting on firm orders of between 12 000 and 15 000 tonnes of chrome every month but lack of capacity from producers is hampering its efforts to meet dema...

Wednesday, September 14, 2016

Mining sector under growing siege

ZIMBABWE’S mining sector is under siege as key minerals — diamonds, chrome and coal—are performing below par despite government’s previous efforts to institute reforms to ramp up production.

Tuesday, September 13, 2016

Assore earnings down on global iron-ore, manganese oversupply

Base mineral and metals mining company Assore, which released financial results for the 12 months to June 30 on Wednesday, reported 11.7% lower headline earnings to R1.7-billion for the financial year.

Thursday, September 8, 2016

Assore turns a corner

Diversified mining company Assore has survived the storm of last year’s iron-ore price crash, recording a 16% increase in earnings to R1.49 billion for the year ended June 30 2016. Compared to its 2015 financial results, when the company incurred impairments ...

Thursday, September 8, 2016

Assore raises dividend on record performances in several minerals

ASSORE, a diversified and tightly held mining company, increased its dividend payment after posting record annual performances in a range of minerals it produces.

Thursday, September 8, 2016
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