Full voting results will be released on Friday.
South Africa Mining News
Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.
Five people have died in a blast during illegal mining activities at the Klipwal Mine in KwaZulu-Natal, the mining company announced on Sunday.
Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.
The 77-year-old mine contains gold resource of 9 million ounces.
Production at the Wonderfontein coal mine has been halted for three weeks after members of AMCU decided to down tools in March.
The firm has not yet decided whether to inject more cash into Damang or suspend operations.
The Bench Marks Foundation has accused the CEO of Mineral Resources Commodities (MRC) of inciting violence in an area where an anti-mining activist was murdered last week.
The 32.33-carats diamond was recovered in November from the firm’s Williamson mine in Tanzania.
Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.
Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.
The company remains upbeat and expects a better performance in the second half, driven by a recovery in diamond prices.
The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.
The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.
Ratings agency worries about exposure of much-diminished mining company to Africa; after restructure responsible for 54% of earnings.
The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.
The three workers were trapped on Friday morning, when the lamp room where they were on duty collapsed into an 80-metre hole.
Trapped miners were brought to the surface through ventilation shafts.
The country's biggest opposition party said the mines minister and state power utility made Glencore sell its Optimum coal operation.
FTSE 100 reweighting to take place in March.
The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government
Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.