Natasha Odendaal

M&R subsidiary sells shares in Aus engineering group

Construction giant Murray & Roberts on Monday announced that its Australian subsidiary Clough has sold its shares in ASX-listed multidisciplinary engineering, procurement and construction group Forge for A$187-million. The engineering and project...

Botswana Diamonds awaits exploration licences

Aim-listed Botswana Diamonds on Monday said its still undisclosed international partner had agreed to the “outline of an operating joint venture” for the exploration of new targets. The possible joint venture with the “major international...

Balamara secures exploration concession in the Balkans

ASX-listed Balamara Resources’ 80%-owned subsidiary Western Mining Doo has been awarded a highly prospective exploration concession in the Balkans. Balamara would, during the next quarter, plan an initial exploration programme for the 50 km2...

Strikes at Exxaro end, workers return to work

Workers at diversified miner Exxaro’s strike-hit coal operations reported for duty over the weekend, bringing an end to the three-week strike that threatened supply to some of South Africa’s coal-fired power stations. The striking employees...

Pelham buys 20% stake in Beacon Hill

Pelham Investments has acquired a 19.6% stake in Aim- and ASX-listed Beacon Hill Resources, the coal producer said on Friday. Pelham bought 236.26-million Beacon Hill shares from Renaissance Financial at 3 pence apiece, marking Renaissance’s...

Gem Diamonds to establish Lesotho manufacturing facility

JOHANNESBURG (miningweekly.com) – London-listed Gem Diamonds was in the process of establishing an in-country manufacturing facility for its flagship Lesotho-based Letšeng mine to further develop downstream activities. The facility, which was...

Rockwell concludes Jasper acquisition

TSX- and JSE-listed Rockwell Diamonds has completed the acquisition of the Jasper mine following the conversion of the mine’s old-order mining right into a new-order mining right. The group settled the R2-million purchase consideration through...

Calm after violence erupts at Graspan mine

Shanduka’s Graspan colliery returned to calm on Wednesday following a clash between police and striking workers on Tuesday that resulted in the injury of two and the arrest of nine people. About 250 workers at the Middelburg-based mine downed...

Pan African completes Evander acquisition

Johannesburg- and London-listed Pan African Resources on Thursday said the R1.5-billion deal with gold miner Harmony had been completed and that it had taken control of the Evander operations, in Mpumalanga. The group, which secured the final...

Mining industry challenges a global problem – Grant Thornton

The extensive challenges faced by South Africa’s mining industry were not unique to the country, a survey by assurance, tax and auditing firm Grant Thornton has found. The firm, which released the results of its first International Mining...