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Zwane’s Mining Charter to face critical legal test next week

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SOUTH Africa's High Court starts three-day deliberations on the so-called 'Minister's Charter' on Monday (February 19), the third iteration of the 2004 Mining Charter...

Zambia set to detail foreign exchange law

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Zambia was days away from unveiling long-awaited legislation that will force foreign mining firms to give account of foreign exchange earnings.

ARM to test technology that could save its beleaguered ferroalloys production...

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AFRICAN Rainbow Minerals (ARM) is investigating new smelting technology that could enable South Africa’s ferroalloys sector to circumvent swingeing electricity tariff increases. The development of...

Implats lost revenue escalates to R2.5bn

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Impala Platinum said some 120,000 oz in production had been lost following a crippling strike equal to R2.4bn in lost revenue.

Lonmin makes final bow with cash up, but future as standalone...

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PUBLISHING its final results for possibly the last time, Lonmin turned in a $1bn turnaround in operating profit for its 2018 financial year following...

Law firm raises concern over rights auction

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Legal firm Webber Wentzel says it is concerned about the Department of Mineral Resources’ proposed auction of lapsed or revoked rights.

Law to nationalise mineral rights – critics

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New legislation will remove the final reference to privately held ownership of minerals, in effect nationalising mineral rights, critics say.

Harmony mulls dividends linked to gold

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Harmony would consider paying dividends linked to the gold price which continues to test fresh highs amid global economic recession concerns.

Optimum coal earnings expected to jump

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Optimum Coal says it expects its full year earnings per share and headline earnings per share to be more than 20% lower than for the previous financial year.

JP Morgan downgrades Anglo stock on risks to Minas Rio expansion,...

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SHARES in Anglo American were fully priced as they did not factor in the risk posed by South African elections in May, or the...