Blyvoor Gold announces plans to list on Nasdaq
PRIVATELY-owned Aurous is to list South Africa’s Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine’s acquisition by blank cheque company Rigel Resource…
Blyvoor Gold valued by US-listed takeover partner at $425m
RIGEL Resource Acquisition Corporation, a New York-listed ‘blank-check’ company was in talks to combine with South African gold miner Blyvooruitzicht Gold Mining (Blyvoor Gold),…
Blyvoor Gold says underground protest over after declared illegal
BLYVOOR Gold said today an underground sit-in at its mine by “a minority of employees” had ended after the Labour Court declared the protest illegal. “Blyvoor management is…
Portia Derby bows to critics announcing resignation from Transnet
TRANSNET’S Portia Derby has bowed to nearly a year of pressure announcing today her resignation from the state-owned ports and rail company, effective October 31. Nonkululeko…
Amplats appoints finance director Craig Miller as new CEO
ANGLO American Platinum (Amplats) today announced that its finance director Craig Miller would take over running of the company from outgoing CEO, Natascha Viljoen. The…
Johannesburg’s born again miner Blyvoor Gold may seek listing
BLYVOOR Gold, the company that bought the 81-year old Blyvooruitzicht gold mine out of liquidation, is considering listing the company, its executive chairperson said. “We have…
Kenmare adjusts output guidance following ‘unusually intense’ lightning strike
KENMARE Resources said mineral production in its 2023 financial year would come in at the lower end of a forecast owing to a rare electrical strike in early February which hit…
Kenmare says extension of Moma titanium mine to cost minimum of $225m
KENMARE Resources said an extension of its Moma titanium mine in Mozambique would require a capital outlay of not less $225m. Commenting in a fourth quarter production update, MD…
‘Unprecedented’ rainfall dampens Tharisa first quarter chrome and PGM mine output
UNPRECEDENTED rainfall hampered production from Tharisa’s platinum group metal (PGM) and chrome mine in the first quarter, the Johannesburg-listed group said in an update today.…
Gemfields says “basic operations” resume following evacuation of Montepuez ruby mine
GEMFIELDS said “basic operations” had resumed at its Montepuez ruby mine in Mozambique which had been evacuated last week following an attack on a neighbouring property.…
Gemfields evacuates Montepuez ruby mine as insurgency flares up at neighbour
MINING had stopped at Gemfields’ 75%-owned Montepuez mine in Mozambique following an attack on a neighbouring property thought to be perpetrated by insurgents. The ruby and…
Kore shares plummet after firm details employee arrests amid Govt. ultimatum
RELATIONS between Kore and the Republic of Congo (RoC) have taken a turn for the worse after the country’s mines ministry expressed “discontent” with the progress of the $1.85bn…
Kore warns of potential delays in approving engineering contract for $1.83bn Kola potash
KORE Potash warned of possible delays in the approval of a financing package for the proposed $1.83bn Kola project in the Republic of Congo (RoC). The Johannesburg- and…