Tuesday , 20 February 2018

Category: Mining & Engineering

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  • Political deadlock grounds SA mining sector

    Political deadlock grounds SA mining sector

    by SAVIOUS KWINIKA JOHANNESBURG  - THE mining industry in South Africa, the continent’s most advanced economy, is bearing the brunt of policy uncertainty and the prevailing politic ...

  • ACF injects $220 million to Zimbabwe chrome mining

    ACF injects $220 million to Zimbabwe chrome mining

    from MTHULISI SIBANDA in Cape Town, South Africa CAPE TOWN, (CAJ News) - AFRICAN Chrome Fields (ACF), a key investor in Zimbabwe’s mining industry, has spent over US$220 million in ...

  • Zimbabwe mineral industry ripe for investments

    Zimbabwe mineral industry ripe for investments

    from MTHULISI SIBANDA in Cape Town, South Africa CAPE TOWN - INTERNATIONAL investors have been encouraged to make the most of Zimbabwe’s endowment with mineral resources and moves ...

  • AMG well financed ahead of Zimbabwe expansion

    AMG well financed ahead of Zimbabwe expansion

    JOHANNESBURG - THE African Medallion Group’s (AMG) has announced that its gold reserves have surpassed the R1 billion (US$83,9 million) mark, making it an attractive buy for gold i ...

Anglo American to sell Eskom thermal unit

Anglo American to sell Eskom thermal unit

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) - ANGLO American has announced the sale of its Eskom-tied domestic thermal coal operations in South Africa to a wholly owned subsidiary o ...

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DRC Mining Week expands to connected sectors

DRC Mining Week expands to connected sectors

From JEAN KASSONGO in Kinshasa, DRC KINSHASA  – THE award-winning Democratic Republic of Congo (DRC) Mining Week returns to Lubumbashi in June with a broadened focus to include th ...

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Glencore sales off stakes in African markets

Glencore sales off stakes in African markets

By TINTSWALO BALOYI JOHANNESBURG - GLENCORE, the Anglo–Swiss multinational commodity trading and mining company, has shed off major stakes in its operations in Namibia and Burkina ...

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De Beers unfazed by diamond sales decline

De Beers unfazed by diamond sales decline

By GIFT NDOLWANE JOHANNESBURG - THE De Beers Group of Companies is undeterred by a drop in diamond revenues during the second sale of the year. Sales during the period were US$545 ...

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GoldFields shares surge after industry recovery

GoldFields shares surge after industry recovery

By GIFT NDOLWANE JOHANNESBURG - GOLD Fields Limited advised shareholders earnings per share (EPS) for the twelve months ended December 31 2016 (FY 2016) are expected to be between ...

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Petra revenues, diamond output up

Petra revenues, diamond output up

By GIFT NDOLWANE JOHANNESBURG - PETRA Diamonds has recorded a revenue increase of 48 percent to US$228,5 million for the six months ended December 31 thanks to increased sales vol ...

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De Beers propose partnerships to defy recession

De Beers propose partnerships to defy recession

By GIFT NDOLWANE JOHANNESBURG - DE Beers Group Chief Executive Officer, Bruce Cleaver, has called on the diamond sector to work together to overcome the volatility experienced in ...

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Gold Fields Kirkland transaction halted

Gold Fields Kirkland transaction halted

GIFT NDOLWANE JOHANNESBURG - DISCUSSIONS between Gold Fields Limited and Silver Standard Resources over the acquisition of Kirkland Lake Gold have stalled. This has put paid to th ...

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Companies rewarded for transforming property sector

Companies rewarded for transforming property sector

GIFT NDOLWANE JOHANNESBURG - THE South African Institute for Black Property Practitioners (SAIBPP) has recognised a number of companies for commitment to driving transformation in ...

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Anglo American completes sale of operations to Sibanye

Anglo American completes sale of operations to Sibanye

GIFT NDOLWANE JOHANNESBURG - SIBANYE Rustenburg Platinum Mines Proprietary Limited has acquired Anglo American Platinum’s Rustenburg operations in South Africa for R4,5 billion. S ...

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