R/€ = 15.48 Change: 0.00
R/$ = 13.22 Change: 0.00
Au 1240.40 $/oz Change: -2.65
Pt 826.00 $/oz Change: -4.71

Creamer Media Reporter

Grayston drive bridge collapse inquiry to resume on July 2

29th June 2018 The Department of Labour (DoL) will, on Monday, resume its inquiry into the Grayston drive pedestrian and cyclist structural bridge collapse with testimony from the Johannesburg Development Agency (JDA). The October 2015 incident resulted in the death of two people, while 19 others were injured.... 

Davies dissolves SABS board after ‘unpersuasive’ representations

28th June 2018 Trade and Industry Minister Dr Rob Davies announced on Thursday that he had dissolved the South African Bureau of Standards (SABS) board with immediate effect, owing to its failure to exercise its fiduciary duties in terms of the Standards Act and the Public Finance Management Act. The... 

Ellies announces new CEO

28th June 2018 JSE-listed Ellies on Thursday announced the appointment of Shaun Prithivirajh as CEO, effective August 1. He succeeds Wayne Samson, who resigned in November 2017 and, in February, left the company in the hands of executive chairperson Elliot Salkow and CFO Adrian Bock while the appointment of a... 

W Resources reports progress at La Parilla site

27th June 2018 The La Parilla tungsten project under development in Spain is progressing as planned, with crusher, steelwork and equipment deliveries having started, Aim-listed W Resources reported on Wednesday. In a project update, the company states that concrete and civil works have been completed for the... 

Nevsun announces inferred resource for Timok Lower Zone

26th June 2018 The Timok (Cukaru Peki) Lower Zone deposit contains 31.5-billion pounds of copper and 9.6-million ounces of gold, TSX-listed Nevsun Resources said on Tuesday, announcing an initial resource estimate for the project in Serbia. The Timok Lower Zone – a joint venture with Freeport-McMoRan – has a... 

Trans-Siberian’s Asacha licence extended to 2024

26th June 2018 The Russian State Suboil Agency (Rosendra) has approved the extension of Aim-listed Trans-Siberian Gold’s mining licence at the Asacha gold mine for a further six years, the mining company announced on Tuesday. The extended licence will expire on December 31, 2024. 

Denison CEO joins Canada Nuclear Association board

26th June 2018 The president and CEO of uranium miner Denison Mines has been appointed to the board of the Canadian Nuclear Association (CNA). David Cates was appointed at the CNA’s annual general meeting in Saskatoon earlier in June, Denison reported on Monday. 

De Beers sells $575m of rough diamonds in latest sales cycle

26th June 2018 De Beers sold $575-million worth of rough diamonds in the fifth sales cycle of this year. This is higher than the $554-million worth of rough diamonds sold in the fourth sales cycle of this year, as well as the $541-million worth of rough diamonds sold in the fifth sales cycle of last year. 

Employee killed in incident at Sibanye's Khomanani mine

26th June 2018 An employee has been killed in an accident at JSE- and NYSE-listed Sibanye-Stillwater's Khomanani mine, at the Driefontein operation. "For reasons still to be determined, he entered a scraper path and was caught by the scraper. 

Chaarat appoints Volynets CEO, moves Benbow to COO

25th June 2018 Aim-quoted Chaarat has appointed merger and acquisition (M&A) strategist Artem Volynets as CEO with immediate effect, replacing Robert Benbow who is moving to the role of COO. Volynets, who joined the board of Chaarat in March, has two decades of experience in M&A, capital markets, and senior... 

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