May 21, 2018

It’s not about scoring the big win, it’s about not backing losers

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.

May 18, 2018

PLATINUM WEEK-Sibanye CEO confident of Lonmin takeover despite cash burn

Key to closing the deal is Lonmin maintaining its net cash position and achieving certain production targets.

May 16, 2018

South Africa’s Tharisa taps Zimbabwean chrome reserves

Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.

May 15, 2018

Anglo American to spin off unit to encourage platinum demand

The World Platinum Investment Council sees oversupply in the platinum market of 180,000 ounces in 2018.

May 15, 2018

Lonmin tanks as UK competition watchdog looks into Sibanye takeover

By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye’s were down 4.9% in Johannesburg, even though the companies announced they had received the approval of…

May 14, 2018

Lonmin cuts H1 loss and trims spending ahead of Sibanye merger

The proposed deal with Sibanye is conditional upon Lonmin retaining a positive cash balance by the time it is to close in the second half of the year.

May 13, 2018

Survivor of Sibanye mine accident released from hospital

According to the miner, five other rescued employees remain in a stable condition and are making good progress.

May 11, 2018

Impala Platinum seeks tenders for Marula tailings facility

The world’s second-largest platinum producer posted an ad on Friday in the local Mail & Guardian newspaper seeking tenders for the project.

May 10, 2018

World’s No. 2 platinum stock languishes on output, cost woes

Bad news from South Africa’s platinum belt has pushed shares of Impala to the lowest since 1999.

May 7, 2018

Ivanhoe Mines secures long-term supply of treated bulk water for Platreef

Recycling of local, treated water is part of a sustainable approach to minimize Platreef’s environmental footprint.