Pula appeals ruling in $195m Motsepe Tanzania case
PULA Group has appealed a Tanzanian court ruling that struck its $195m damages claim against billionaire Patrice Motsepe and companies linked to him off the roll, Bloomberg…
Northam Platinum finally secures “rock star” status
IT has taken some 40 years but Northam Platinum has finally achieved the “rock star” status that the former Gold Fields of South Africa envisaged when it decided to develop the…
Valterra asset level deals most logical option for Northam
IMPALA Platinum and Sibanye-Stillwater distanced themselves from an offer for Northam Platinum on Tuesday, which means Valterra Platinum is the only one likely to have an…
Southern Palladium awarded mining right for Bengwenyama
THE South African government awarded a mining right to Southern Palladium’s Bengwenyama project, the exploration and development firm said today. Johan Odendaal, MD of Southern…
Why, this time, ARM thinks Bokoni Platinum will fly
THE new development plan for African Rainbow Minerals’ Bokoni Platinum Mine amounts to a “completely different business proposition,” according to ARM COO, Jacques van der Bijl.…
Giyani Metals seeks partners for $535m Botswana mine
GIYANI Metals said on Thursday a proposed $535m manganese project in Botswana had “strong economics” ahead of progressing talks with strategic partners. A definitive feasibility…
Pula Group appeals ARC graphite damages ruling
US-based Pula Group has filed for leave to appeal a Johannesburg high court judgement that cleared Patrice Motsepe’s African Rainbow Capital (ARC) of liability in a R3.4bn…
Motsepe says SA mining regains edge through public partnerships
SOUTH Africa has recovered its competitiveness as a mining destination through collaboration between government and the private sector, said Bloomberg News citing the comments of…
ARM makes strategic marketing step towards re-opening Nkomati Nickel
African Rainbow Minerals (ARM) has taken an important step towards re-opening the group’s mothballed Nkomati Nickel mine in Mpumalanga through reaching an off-take agreement with…
Motsepe’s ARC ruled not liable for breach in Pula dispute
AFRICAN Rainbow Capital (ARC) has won a declaratory judgment in the Johannesburg High Court which ruled it had no liability under a confidentiality agreement at the centre of a…
Froneman says crime “single biggest” threat to SA economy
CRIME isn’t just an inconvenience to doing business, it’s the “single biggest issue we have to address” if South Africa is serious about economic growth, says Neal Froneman,…
Motsepe says his best place is “outside politics”
PATRICE Mostepe, non-executive chairperson of African Rainbow Minerals (ARM), appeared to distance himself from a bid for the ANC presidency, saying he was better employed…
Why Patrice Motsepe had to step down as ARM’s executive chair
THE recent Sens announcement by African Rainbow Minerals (ARM) that founder Patrice Motsepe has relinquished his position as executive chair and is retiring as an employee of the…
Patrice Motsepe steps down as executive chair of ARM
PATRICE Motsepe has relinquished executive duties on the board of African Rainbow Minerals (ARM), the R46bn diversified mining group he helped found in 2002. Citing compliance…
SA iron ore exports could face margin squeeze
A PILLAR of Kumba Iron Ore’s business case is that about two-thirds of its 35 to 37 million tons in annual production is sold as lumpy iron ore. Steelmakers pay a premium for…
Fragile supply gives platinum price new lease on life
IT was once common to describe the platinum price in terms of gold, the so-called gold-platinum ratio. Then came the global financial crisis in 2008. As automakers’ demand…
Harmony Gold’s incredible ascent to JSE rock-star
OF all the recent developments in the South African mining industry, the transformation of Harmony Gold from JSE ‘dog’ to ‘rock star’ in 18 months has to be the most dramatic.…
Motsepe seeks court protection in mining dispute
PATRICE Motsepe’s African Rainbow Capital has approached Johannesburg’s High Court for legal clarity in a R3.4bn lawsuit filed by US company Pula Group in Tanzania, according to…
ARM closes Cato Ridge, sells out of Sakura Ferroalloys
PATRICE Motsepe’s sprawling mining conglomerate, African Rainbow Minerals (ARM), has restructured manganese processing activities held through Assmang, with the closure of the…
Southern Palladium granted environmental permit
SOUTHERN Palladium said on Tuesday it had received environmental authorisation for its Bengwenyama Platinum Group Metals (PGM) Project. The authorisation, granted by South…