Sibanye Gold mining strike

Sibanye Posts 8% Increase In Production

VENTURES AFRICA – Johannesburg and New York listed gold miner, Sibanye Gold, on Thursday posted what it described as a robust performance in the six months to June this year. “Production increased by...
Miners

Zimbabwe’s Oldest Mine To Go For $8m

VENTURES AFRICA – Toronto Stock Exchange-listed New Dawn Mining Corporation (New Dawn) which owns Falcon Gold Zimbabwe is set to dispose its closed Dalny Mine – oldest in Zimbabwe –...
BHP-Billiton_4

BHP Billiton Breaks Annual Output Record

VENTURES AFRICA – Global resources firm, BHP Billiton, had posted record output at 12 of its operations, resulting in a 9 percent surge in group production in the year to June this year, CEO Andrew M...
Anglo American Platinum

Anglo May Sell Platinum Mines

VENTURES AFRICA – World’s largest platinum producer, Anglo American may sell its mines in South Africa following incessant mining strikes that has lead to continually derailed revenue inflow. “...
South African strikes

Platinum Strike Costs Producers $2.5bn

VENTURES AFRICA – South Africa’s strike-hit platinum producers, Lonmin, Implats and Amplats, on Tuesday said they have lost total earnings worth R21.7 billion ($2.5bn) since the platinum wage s...