Tuesday, June 19, 2018

Slain mining magnate Brett Kebble's murder trial is set to continue, more than five years after he was shot dead.

BlackRock Inc, the world's largest money manager, is overweight copper and also favours iron ore, says the firm's resources-division chief.

Gold has recorded its first weekly decline in nearly three months, with investors keeping an eye on any statements from the G20 meeting.

A government-appointed team of experts has completed a report on acid mine drainage, but the document will not be made public yet, officials say.

Three mine workers have died in separate accidents in the past two days, says the National Union of Mineworkers.

Police members are involved in organised crime syndicates which orchestrate illegal mining, says national police commissioner General Bheki Cele.

Anglo Platinum is the standout performer in the September quarter production update from Anglo American, as the group's turnaround under CEO Neville Nicolau continues.

Kumba's output in the third quarter declined by 5% while export sales volumes fell 12%, dragged down by logistical problems.

IFP general secretary Musa Zondi has dismissed reports that "BEE fat cats" will benefit from a R4.5bn mining deal at the expense of local communities in KwaZulu-Natal.

Mining law expert Hulme Scholes believes SA mining companies are not focused on the very real danger of their operations being nationalised.