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AFARAK TO ACQUIRE ZEERUST CHROME MINE IN SOUTH AFRICA - 27/9/2017
Afarak Group plc, through its South African subsidiary Afarak Mining Limted, has reached an agreement in principle to acquire a 70% shareholding in ZCM (Zeerust Chrome Mine) from Afrika Mineral Trading & Investment Trust ("AMTIT"), with the remaining 30% to be allocated to workers, community and other BEE partners.
For the complete story see:
http://forextv.com/top-news/afarak-to-acquire-zeerust-chrome-mine-in-south-africa/
Independent Online - 33rd Perumin Mining Convention a triumph for SA - 26/9/2017
South African stood out amongst other countries by winning the best international exhibition pavillion out of 16 countries at the 33rd Perumin Mining Convention.
For the complete story see:
https://www.iol.co.za/business-report/33rd-perumin-mining-convention-a-triumph-for-sa-11355715
Mining MX - Asanko Gold buys Ghana prospect from AngloGold Ashanti - 24/9/2017
NEW York-listed Asanko Gold has bought the Miradani prospect neighbouring its Asanko Gold Mine in Ghana from AngloGold Ashanti, and will begin a drilling campaign in the fourth quarter of this year.
For the complete story see:
http://www.miningmx.com/news/gold/30556-asanko-gold-buys-ghana-prospect-anglogold-ashanti/
Inside Mining - Goldplat miner seeks to tame Africa risk - 20/9/2017
Kisbey-Green said he was seeking to diversify his portfolio to cover more African nations and to expand into platinum group metals as he strives to offset African risk.
For the complete story see:
http://www.miningne.ws/2017/09/20/goldplat-miner-seeks-to-tame-africa-risk/#
MINING.com - 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/
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Exxaro Resources (JSE: EXX) - NUM STRIKE RESOLVED - 22/9/2017
Exxaro Coal (Pty) Ltd and the NUM have reached a multi-year (3 years) wage agreement which brings the current wage strike at its Grootegeluk and Leeuwpan mines to a conclusion.
Mzila Mthenjane, "We are pleased that the parties were able to resolve the dispute speedily".
Leeuwpan employees are expected to return to work on Friday, 22 September, while Grootegeluk employees will start on Monday, 25 September 2017.
Positive engagements continue with Solidarity, the other trade union recognised for collective bargaining.
We are working closely with all stakeholders to ensure that the affected mines resume operations safely.
http://www.exxaro.com/index.php/num-strike-resolved/
Harmony...