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South Africa labour disputes drag Petra Diamonds shares down - 19/9/2017
Shares in Petra Diamonds (LON:PDL) dropped almost 6% Tuesday after the company reported fresh labour disruptions at two of its mines in South Africa, amid talks to reach a new wage agreement.
For the complete story see:
http://www.mining.com/south-africa-labour-disputes-drag-petra-diamonds-shares-down/
Independent Online - Mining industry continues to see massive job losses - 19/9/2017
The hemorrhaging of jobs in the mining industry continued with Impala Platinum (Implats), the world's second biggest platinum producer yesterday announcing the latest proposed restructuring of its operations that could possibly lead to 2 500 employees job losses.
For the complete story see:
https://www.iol.co.za/business-report/mining-industry-continues-to-see-massive-job-losses-11267215
Reuters Africa - South Africa's Sibanye launches $450 mln convertible bond, shares slump - 19/9/2017
South African mining company Sibanye-Stillwater will sell bonds worth $450 million convertible into stock to refinance a loan used to partly fund an acquisition, the company said on Tuesday.
For the complete story see:
https://af.reuters.com/article/commoditiesNews/idAFL5N1M01KB
Moneyweb.co.za - Goldplat seeks to tame Africa risk - 19/9/2017
Miner seeks more geographical diversity; could expand into platinum group of metals in South Africa.
For the complete story see:
https://www.moneyweb.co.za/news-fast-news/goldplat-seeks-to-tame-africa-risk/
Fin24 - Zim smelter too pricey, says Impala - 18/9/2017
According to Impala Platinum (Implats) [JSE: IMP], the miner cannot afford to build a platinum smelter for its 50%-owned Mimosa mine in Zimbabwe, as ordered by the Zimbabwean authorities.
For the complete story see:
http://www.fin24.com/Companies/Mining/zim-smelter-too-pricey-says-impala-20170918
Reuters - AngloGold Ashanti in talks to sell Kopanang mine in South Africa - 15/9/2017
AngloGold Ashanti is in talks to sell one of its South African mines, it said on Friday, having previously outlined plans for the mine's closure as part of a restructuring process.
For the complete story see:
https://af.reuters.com/article/africaTech/idAFKCN1BQ1KU-OZABS
Creamer Media's Engineering News - South African companies to seek mining opportunities in China - 15/9/2017
The minister of trade and industry, Rob Davies, said on Friday that China has agreed to support South Africa and Africa's initiatives of industrialisation and mineral beneficiation as the country embarks on a drive to better exploit its mineral resources.
For the complete story see:
http://engineeringnews.co.za/article/south-african-companies-to-seek-mining-opportunities-in-china-2017-09-15
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Media Releases
DE Beers Consolidated Mines - IIDGR ANNOUNCES FOUR NEW DIAMOND GRADING PARTNERSHIPS IN ASIA - 19/9/2017
The International Institute...