SA’s Transnet secures R51bn guarantee from Govt
MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on Thursday.
Transport Minister Barbara Creecy and Finance Minister...
Transnet acting CEO resigns
Chris Wells, who has acted as Transnet group CEO since March 2009, will leave at the end of March 2011, according to the Transnet board.
Junior mining sector hardest hit in SA’s mining sector by COVID-19...
THE COVID-19 pandemic negatively affected all sectors of the South African economy, but perhaps among the hardest hit was the country's junior mining sector,...
Newcrest suspends Ivory Coast operations
Newcrest Mining has suspended operations at its Bonikro gold mine in Ivory Coast due to a "deterioration in the security situation".
Simmers secures forward gold sale agreement
Simmer & Jack Mines says it has raised $20m by way of a forward gold sale through Deutsche Bank AG.
ConCourt to rule on mine zoning
The Constitutional Court is to decide whether the keystone mining legislation - the MPRDA - or municipalities have the right to rule over mine zoning.
Zim seeks new bids for fallen steel gaint Zisco
Zimbabwe is inviting fresh bids for the takeover of state steel-maker Zisco, after rejecting earlier offers from ArcelorMittal, Jindal Steel and Power of India.
Acacia buys $3.2m in put options to protect remaining revenue
ACACIA Mining sought to further minimise the impact of an export halt on minerals in concentrate from its Bulyanhulu and Buzwagi mines in Tanzania...
Cutifani warns against MPRDA adjustments
Mark Cutifani, CEO of Anglo American, said development pricing and changing BEE targets would be adding a layer of risk international investors will not accept.
Amcu ranks swell to 20,000, turns to Amplats
The Associated Mineworkers and Construction Union (Amcu) said it had a majority
at Impala, organisational rights at Lonmin, and had been asked by Amplats mines
to canvass for support there.