Wednesday, November 22, 2017

The Department of Mineral Resources has squandered a massive opportunity to transform the mining sector, KIO Advisory Services founder Duma Gqubule said.

Government's proposed public-private partnership for environmental conservation has in principle been accepted by the mining sector to address acid mine drainage.

An Australian mining company says it has discovered deposits in Mozambique of rare minerals with a variety of industrial uses.

South Africa's production of ferrochrome, a steel-making ingredient, is forecast to more than double by 2015.

Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.

South Africa had prioritised social transformation ahead of economic growth, the reverse of the model that had worked so well for China, an Xstrata executive said in Johannesburg.

Resources giant BHP Billiton plans to later this week file a motion to have Potash Corporation of Saskatchewan's lawsuit dismissed as the proposed hostile bid heats up.

Julius Malema flew in a chopper leased to him by Exxaro Resources ahead of the ANC's national general council where he intensified his calls for nationalisation of the country's mines.

As a strike at Northam enters its fourth week, 6 000 workers at Kumba Iron Ore also plan industrial action.

Pallinghurst Resources has struggled to find its feet, but may offer long-term investors considerable potential for capital gains.