Implats cuts output guidance as coronavirus weighs

Drilling commenced circa 2 kilometres from a previous RC drill hole, which returned 60m at 10.7% Total Graphitic Carbon.

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

Four employees were attacked by unknown assailants.

The company had halted production in June following a government inspection that led to a row over work permits, but work resumed in August.

The company said its proposed Tongo-Tonguma mine economic evaluation demonstrates robust financial returns for a modest capital requirement.

Still, the world’s biggest diamond producer by value said the auction was better than it had expected.

Strikers at top South African platinum producer enter two-year wage deal.

Vincent Benoit will assume the newly created position of Executive Vice President, Chief Financial Officer and Corporate Development effective November 1.

Livia Mahler and Olivier Colom were appointed as independent non-executive directors.