R/€ = 15.94 Change: -0.37
R/$ = 13.76 Change: -0.33
Au 1275.19 $/oz Change: -5.11
Pt 868.50 $/oz Change: -16.98


Gilbertson takes over CEO role at Jupiter

By: Esmarie Swanepoel     9th May 2018 ASX-listed Jupiter Mines has appointed chairperson Brian Gilbertson as acting CEO, after Priyank Thapliyal was hospitalized for an unforeseen medical condition relating to gallstone induced acute pancreatitis. Jupiter told shareholders that while Thapliyal was expected to make a full recovery,... 

Pallinghurst shifts focus to gemstones; Frandsen, Willis to manage Sedibelo interest

By: Marleny Arnoldi     20th March 2018 Its decreasing exposure to steelmaking materials, is prompting natural resources investment company Pallinghurst Resources to focus on coloured gemstones and the company plans to change its name to Gemfields Group, pending shareholder approval. 

Pallinghurst targets London, okays share buyback, halves executive pay

By: Martin Creamer     7th December 2017 Diversified mining and marketing company Pallinghurst, which has moved fast to stabilise the now-integrated coloured gemstone acquisition, is initiating a listing on the main board of the London Stock Exchange, going ahead immediately with a share buyback programme and benefitting from executive... 

Sean Gilbertson takes over Gemfields' reins as new CEO

By: Martin Creamer     4th August 2017 Long-serving Gemfields executive board member Sean Gilbertson, who was recently appointed executive director of Pallinghurst, is the new CEO of Gemfields, the coloured gemstone mining and marketing company that has delisted from the London Aim and is now an unlisted subsidiary of Pallinghurst.... 

Pallinghurst seeks London listing following Gemfields acquisition

By: David Oliveira     13th July 2017 Following Pallinghurst’s restructuring and successful acquisition of emerald miner Gemfields, the JSE-listed diversified miner will now commence with the preparatory work to potentially obtain a premium listing on the London Stock Exchange, with Gemfields delisting from London’s Aim stock... 

Grassroots shareholders celebrate black-controlled manganese mine’s R300m dividend

By: Martin Creamer     29th June 2017 Against the background of rising calls for radical economic transformation in South Africa’s mining sector, particularly transformation that benefits the country’s communities, grassroots shareholders of the black-controlled Ntsimbintle were last week able to celebrate the Northern Cape manganese... 

Gemfields continues resistance as Pallinghurst shareholders vote in favour of buyout

By: Anine Kilian     26th June 2017 Pallinghurst Resources has received 96% shareholder support for the buyout of the remaining stake in Gemfields, making its offer for Gemfields wholly unconditional. Brian Gilbertson’s Pallinghurst on May 19 announced its intention to buy out Gemfields’ minority shareholders in exchange for... 

Pallinghurst scores as Jupiter dishes out $25m more

By: Martin Creamer     5th June 2017 Pallinghurst mining company Jupiter Mines on Monday announced that it would make a further $25-million distribution to its shareholders in September. The Johannesburg Stock Exchange-listed Pallinghurst, which is an 18.43% shareholder in Jupiter, expects to receive a further distribution of... 

Independent committee says Pallinghurst’s offer ‘significantly’ undervalues Gemfields

By: Creamer Media Reporter      31st May 2017 An independent committee set up by Gemfields to evaluate Pallinghurst Resources’ unsolicited offer to acquire the remaining interest in the company it does not already own, has said the offer “significantly” undervalues Gemfields, its assets and its leading position in the coloured gemstone... 

Pallinghurst share price leaps on value unlock outline

By: Martin Creamer     19th May 2017 The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value through full absorption of its coloured gemstone associate and target a possible listing of the... 

New cost-slashing platinum technology gaining impressive momentum

By: Martin Creamer     18th May 2017 The new cost-slashing, time-saving, capital-unlocking, mine-broadening and cobalt-saving platinum technology, driven by diversified mining company Pallinghurst and South Africa’s State-owned Industrial Development Corporation (IDC), is gaining impressive international momentum as an initiative... 

On-The-Air (31/03/2017) 

By: Martin Creamer     31st March 2017 Platinum received a massive boost this week when the mayors of the world’s biggest cities launched a huge programme to tackle urban air pollution; Mining doyen Brian Gilbertson this week blamed the collapse of the platinum price on producers; and A black-led minerals company has secured finance... 

Pallinghurst turns $45m profit, upbeat on 2017, mulling options

By: Martin Creamer     29th March 2017 Diversified mining company Pallinghurst, which made $45-million profit in 2016, is upbeat on 2017. The Johannesburg Stock Exchange-listed company spoke of all three of its business platforms being well positioned for further growth and value-unlock. 

Gunter Vogel

24th February 2017 This week we feature Gunter Vogel, chairperson of Kwatami (previously Joest), an original-equipment manufacturers that supplies customised engineered vibrating equipment to the African mining and industrial sectors   

Tshipi é Ntle to distribute R1bn to shareholders

By: Anine Kilian     21st November 2016 Manganese miner Tshipi é Ntle Manganese Mining will distribute R1-billion to its shareholders for the financial year ending February 28, 2017, provided there are no material changes to the company’s guided production and the manganese market in general for the remainder of the financial year.... 

Create unresistable force with labour to bring about mining change – Godsell 

By: Martin Creamer     5th October 2016 Organised labour is more willing to fix mining than at any time in the past, former AngloGold Ashanti CEO Bobby Godsell contended on Wednesday. Speaking at the Joburg Indaba, Godsell urged a coalition of the willing to create an unresistable force with labour to shame the government into coming... 

New funding to boost ruby mining

By: Martin Creamer     4th July 2016 Coloured-gemstone miner and marketer Gemfields announced on Monday that it had finalised four new debt financing facilities totalling $65-million. Gemfields CFO Janet Boyce said Gemfields now had the necessary funding to increase its rough ruby production to 20-million carats a year and rough... 

Dale to retire as Sedibelo Platinum Mines CEO

By: Megan van Wyngaardt     30th April 2015 Platinum group metals (PGM) producer Sedibelo Platinum Mines on Thursday reported that its CEO Tom Dale would step down. CFO Erich Clarke was appointed interim CEO. 

Pallinghurst shares rise on triple performance in troubled times 

By: Martin Creamer     23rd March 2015 The shares of diversified mining company Pallinghurst rose by more than 4% in Johannesburg on Monday after the company reported a rise on the performance of its platinum, manganese and coloured gemstones business units during troubled times. In the 12 months to December 31, the JSE-listed... 

Gemfields rakes in $43m from Southern African rubies

By: Martin Creamer     9th December 2014 Coloured gemstone mining and marketing company Gemfields has achieved record revenues at a five-day ruby auction in Singapore, where the company raked in $43.3-million from the sale of rubies mined in Southern Africa. This latest value-focused auction generated $9.8-million more than the... 

On-The-Air (26/09/2014) 

By: Martin Creamer     26th September 2014 An exciting new technology, which has the potential to boost platinum sky-high, has passed its first tests 

Resources Watch  

By: Creamer Media Reporter      17th April 2014 This week: Pallinghurst brings in new technology to boost its platinum business. And, Gemfields is doing the ‘De Beers-equivalent’ in emeralds. 

Gemfields doing ‘De Beers-equivalent’ in emeralds  

By: Martin Creamer     11th April 2014 London-listed coloured-gemstones mining and marketing company Gemfields, which Pallinghurst chairperson Brian Gilbertson says is doing for emeralds what De Beers did for diamonds, is now aspiring to repeat the performance in rubies. Gemfields, in which the resources fund of the JSE-listed... 

Pallinghurst bringing in new tech to boost platinum business 

By: Martin Creamer     10th April 2014 In sharp contrast to South African mining’s deep dark and dangerous reputation, the JSE-listed Pallinghurst is rolling out a shallow, safe and sassy platinum alternative spiced with potentially game-changing technology. The platinum division of the company founded by mining doyen Brian... 

Gemfields, Fabergé merger finalised

By: Natalie Greve     30th January 2013 London-listed Gemfields had completed its acquisition of Fabergé from JSE-listed Pallinghurst Resources.Pallinghurst had received 214-million new shares in Gemfields in exchange, giving it a 48% stake in the emerald producer. 

IDC to inject R3.24bn into newly formed Sedibelo Platinum Mines

By: Natasha Odendaal     5th December 2012 JSE-listed Pallinghurst Resources has realised its six-year vision of developing a new platinum player – Sedibelo Platinum Mines – with the completion of the consolidation of three platinum-group metals (PGM) interests. Pallinghurst, along with Pallinghurst co-investors and black... 

Gemfields advances mine-to-market strategy with Fabergé acquisition

By: Mariaan Webb     21st November 2012 London-listed gemstone miner Gemfields on Wednesday announced the proposed acquisition of luxury goods brand Fabergé, advancing its mine-to-market strategy. The company, which mines emeralds and amethysts in Zambia and owns interests in ruby and sapphire deposits, is buying Fabergé in a deal... 

Tshipi Borwa loads first manganese ore

By: Esmarie Swanepoel     20th November 2012 The new Tshipi Borwa manganese mine, in which Jupiter Mines holds a 49.9% stake, has loaded its first full trainload of ore, the ASX-listed company reported on Thursday. The first train comprising 104 wagons loaded with 6 430 t of manganese ore was currently being railed to Port Elizabeth, where... 

Transnet compiling first-ever distributed power train for manganese

By: Martin Creamer     7th September 2012 Transnet is compiling the first-ever distributed power train for manganese, made up of 208 wagons. The train will be loaded at the newly completed rail siding of black-controlled emerging manganese miner Tshipi é Ntle’s new project, near Kathu, in the Northern Cape. 

Mount Ida resource doubles up for Jupiter

By: Esmarie Swanepoel     5th September 2012 ASX-listed Jupiter Mines on Wednesday reported a 132% increase in the Joint Ore Reserves Committee-compliant resource at its Mount Ida magnetite project, in Western Australia. The project was now estimated to host some 1.23-bilion tons, at 29.79% iron, 86% of which was classified as indicated.... 

Jupiter raises A$40m for SA, Australia projects

By: Esmarie Swanepoel     19th July 2012 Metals developer Jupiter Mines would raise A$40-million through a private placement to support the development of its manganese and iron-ore assets in South Africa and Australia. The ASX-listed miner said on Thursday that a private placement, at a price of 16c a share, was being undertaken to... 

Fluorspar start-up is third miner to fly beneficiation flag

By: Martin Creamer     1st June 2012 In Twitter parlance, beneficiation is trending. New fluorspar-explorer-turned-mine-developer and aspirant fluorochemicals producer SepFluor is the third South African mining company in as many months to nail its beneficiation colours firmly to its business mast. 

Resources Watch  

By: Creamer Media Reporter      3rd May 2012 This week: Mining industry doyen Brian Gilbertson is bullish on platinum-group metals. The shortage of rock engineers is an increasing problem. And, steel specialist VR Laser Services moves to its new 22 000 m2 premises. 

Tokyo conference to showcase gold’s industrial advances – Mintek

By: Martin Creamer     26th April 2012 Gold continues to search for its industrial potential, particularly at the nanoscale. Minuscule, nanosized gold particles – measuring three- to four-millionths of a millimetre – are selectively reactive at the nanoscale, while remaining stable and oxidation immune, a property shared with... 

20/04/2012 (On-The-Air) 

By: Martin Creamer     20th April 2012 South Africans are spearheading a new mining thrust in bauxite-rich West Africa; Gold is supplying a missing piece in South Africa’s quest to regrow its industrialisation base; and Eskom intends taking the power of the sun to a new level in South Africa’s scorching hot Northern Cape.  

06/04/2012 (On-The-Air) 

By: Martin Creamer     6th April 2012 South Africa’s State-owned Industrial Development Corporation is investing billions of rands in the platinum industry; The Department of Trade and Industry is going all out to boost South Africa’s struggling manufacturing sector. Here is another one, and Indian and South African companies have... 

SA govt grants PTM mining right

By: Matthew Hill     5th April 2012 Canada’s Platinum Group Metals (PTM) has received a mining right from the South African government for its flagship project in the country, the TSX- and Amex-listed company said on Wednesday. PTM also said it would finalise by the end of the second quarter the $260-million senior loan facility... 

Gilbertson ‘very, very bullish’ on platinum-group metals  

By: Martin Creamer     2nd April 2012 Mining industry doyen Brian Gilbertson, who has been involved in several landmark industry-making investments, foresees South Africa’s platinum endowment as providing the potential for yet another industry-making surge. Besides the outlook of growing demand and struggling supply, there is a... 

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