Natasha Odendaal

Palabora resumes hoisting operations

JSE-listed Palabora Mining on Friday said that its hoisting systems returned to operation this week. The South African copper producer suspended hoisting operations of its north hoisting winder after a process control failure led to tangled tail...

Rockwell progresses latest diamond mine

JSE- and TSX-listed alluvial diamond producer Rockwell Diamonds’ ambition to return the promising Niewejaarskraal mine to production was progressing well within budget and on schedule. Speaking to Mining Weekly Online, Rockwell president and...

Biodiversity guideline a ‘step in the right direction’ – panel

The latest environmental guideline report aimed at the mining industry has been welcomed as a first step in starting the process of finding the delicate balance between mining economically and biodiversity protection, a panel agreed on Thursday....

UMK ‘comes of age’ as it opens final infrastructure

United Manganese of Kalahari (UMK) had “come of age” as it unveiled its now fully operational manganese mine, near Hotazel, less than 10 years after the formation of its joint venture (JV). The R1.2-billion mine, developed by a 49:51 JV...

Eqstra buys back 8m shares

Contract mining and equipment group Eqstra Holdings spent R49.8-million from April 30 to May 6 to buy back almost eight-million shares. The firm had since delisted all 7 985 504 shares on the JSE, reducing the shares in issue by 1.9% to...

ABG says operational review progressing well

Tanzania-focused gold producer African Barrick Gold (ABG) on Tuesday said its operational review was progressing well and that results were already emerging. Canada-based Barrick Gold initiated the review in the first quarter after talks about...

Village announces management restructure, to shut loss-making gold ops

JSE-listed Village Main has embarked on a restructure of its management, appointing MDs for its platinum, gold and antimony assets. Effective May 14, Marius Saaiman would relinquish his current role of joint CEO to lead the company’s platinum...

Uranium One posts $9.5m Q1 loss, production up 10%

JSE- and TSX-listed Uranium One on Monday reported a net loss of $9.5-million for the first quarter ended March 31. This was down from earnings of $4.5-million recorded in the comparative period the year before.

Lonmin confirms work stoppage across shafts

Recovering platinum miner Lonmin on Tuesday confirmed that a work stoppage was halting production across all 13 of its shafts. Spokesperson Sue Vey told Mining Weekly Online that the company was working to determine the reason for the workers’...

Sibanye’s performance pleasing despite gold downturn – Moloko

Dual-listed Sibanye Gold had delivered a “pleasing” performance since listing in Johannesburg and New York three months ago, despite a decline in the group’s share price triggered by the rout in the gold price, chairperson Sello Moloko said...