Monday , 18 June 2018

Category: Mining & Engineering

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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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GOLD Fields extends Ghana mine lifespan

GOLD Fields extends Ghana mine lifespan

GIFT NDOLWANE JOHANNESBURG - GOLD Fields, the diversified producer of the precious metal, is investing US$1,4 billion to extend the lifespan of the Damang mine in Ghana. The lifes ...

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Ding announced new CoAL director

Ding announced new CoAL director

GIFT NDOLWANE JOHANNESBURG - COAL of Africa Limited (CoAL), the emerging exploration, development and mining company operating in South Africa, has announced the appointment of Sh ...

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No revenues but CoAL upbeat of turnaround

No revenues but CoAL upbeat of turnaround

GIFT NDOLWANE JOHANNESBURG - COAL of Africa generated no revenue for the full year ended June 30 owing to care and maintenance during the period but officials believe they are on ...

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Pearce announced Anglo American Finance chief

Pearce announced Anglo American Finance chief

GIFT NDOLWANE JOHANNESBURG - ANGLO American has announced the appointment of Stephen Pearce as Finance Director. He replaces René Médori, who resigned in April. Pearce will join A ...

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Petra performance exceeds expectations

Petra performance exceeds expectations

GIFT NDOLWANE JOHANNESBURG - PETRA Diamonds is projecting production to rise up to 24,3 percent in 2017 from a year earlier and grow further to hit 5 million carats (mcts) in 2018 ...

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