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Manuel says DMR must “clean up act” as Cape project wins...

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FORMER finance minister, Trevor Manuel, has demanded the Department of Mineral Resources (DMR) "clean up its act" referring specifically to the controversial granting of...

Pityana dubs Zuma “sponsor of corruption” in breathtaking attack

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ANGLOGOLD Ashanti chairman, Sipho Pityana, today launched an all-out attack on President Jacob Zuma calling for his immediate departure from office and describing him...

Froneman delivers unflinching view of SA mining legacy, calls for rapprochement

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SOUTH Africa's mining industry must acknowledge past deeds of inhumanity and immorality before it could shape a future in which it overcame the hostile...

Xtract resumes Manica as Nelson sticks to guns on resignation

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XTRACT Resources on-and-off affair with the Manica gold project in Mozambique is back on again with the company re-acquiring ownership after the deal struck...

Illegal mining spiraling out of control says Chamber of Mines

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Illegal gold mining – which is already worth an estimated R6bn annually – is spiraling out of control and the authorities need a co-ordinated...

Too early to call recovery, says Pallinghurst after $33m loss

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Pallinghurst Resources, an investment group with interests in platinum, manganese, iron ore and coloured gemstones, said it was "too early" to call the turnaround...

Nkosi asks whether SA miners “acted honestly” in BEE deals

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FORMER CEO of Exxaro Resources, Sipho Nkosi, has questioned whether the South African mining industry has "acted honestly" in its efforts to implement black...

Master Drilling targets doubling in market value by 2018

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MASTER Drilling is a tidy little business. Since listing in Johannesburg in 2013, the company has lifted dollar-denominated pre-tax earnings from its debut $35m...

Syndicates are biggest task in fight against illegal mining: Zwane

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SOUTH African mines minister Mosebenzi Zwane identified "getting to" syndicates as one of the Department of Mineral Resources'(DMR's) biggest tasks in stamping out illegal...

Master Drilling conserves cash ahead of ‘expansion drive’

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MASTER Drilling passed its interim dividend as it sought to capitalise on investment opportunities in line with its strategy to keep geographically diversified. Commenting in...