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African Rainbow Minerals’ profit dips

Diversified miner African Rainbow Minerals (ARM) announced that its headline earnings for the six month period ending December 2012 fell by 30% to R1.41 billion, compared to R2 billion in the first half of 2012. The company, which has assets in...

Zambia increases mining licence fees

Zambia’s Ministry of Mines and Mineral Development has hiked its mining licence fees in an effort to bring them in line with global mining licence fees. According to Zambia’s mines minister, Yamfwa Mukanga, fees for large-scale mining...

Northam optimistic about year ahead for PGM’s

Geological, technical and economic factors will determine the performance of precious group metals into the foreseeable future, says JSE-listed platinum producer Northam Platinum. The company, which recently released its half-year results ended...

Main Reef Village battered with challenges

A significant decline in basic earnings, a fatality at its Buffelsfontein mine resulting in a safety stoppage and a possible closure, together with an asset sale, are hefty setbacks to incur in just one month for JSE-listed miner Village Main Reef....

Boikarabelo coal mine sees construction activity

ASX-listed energy resources company Resource Generation has begun with construction at its Boikarabelo coal project in the Waterberg region, with the site now being classified as an operating mine site. Initial activities include site...