South Africa’s largest coal producer and black empowered mining group, Exxaro, can today [12 September 2019] announce its new Belfast Coal Mine will start producing high grade thermal coal six months earlier than expected. The mine was only...
Master Drilling Group Limited (Master Drilling, JSE: MDI) today released the group’s results for the six months ended 30 June 2019. During the six-month period, an increase in revenue was realised on the back of the acquisition of the Atlantis...
South Africa’s main platinum mining union said it had formally declared that wage talks with Anglo American Platinum (Amplats) and Sibanye-Stillwater were deadlocked, raising the possibility of strike action if the issue cannot be resolved. The...
The Association of Mineworkers and Construction Union (AMCU) said on Monday its threatened de-registration for not complying with labour laws had been halted and that it was in the process of meeting government requirements. In April, the...
Exxaro Resources Limited (Exxaro) – the black empowered diversified resources group – has reported healthy results for the six months to June 2019, a notable achievement given that coal and other commodity pricing declined sharply in the...
Northam Platinum has reported a record operating profit of R2.4bn for the full year to the end of June – up from R823m – representing an increase of 192.7% from the previous year. The group’s audited annual financial results were...
Worley, a leading global provider of professional project and asset services to the energy, chemicals and resources industries, has a long history of delivering infrastructure solutions for its customers. With a global capability that spans all...
Harmony Gold is examining growth opportunities including AngloGold Ashanti’s Mponeng mine, it said on Tuesday after posting a 19% jump in annual earnings. Chief Executive Peter Steenkamp said Harmony was interested in projects including Mponeng,...
Impala Platinum Holdings Limited announced the final pricing and results of its invitation to the holders of its USD250 million 3.25% convertible bonds due in 2022 (USD Bonds), to exercise their conversion rights as announced on 17 July 2019 and...
