Section 54s cost SA mines R4.8bn in 2015, and 2016 may...
A REPORT by the Chamber of Mines of South Africa (CoM) estimates the application of safety stoppages - known as Section54s in terms of...
Amplats ‘morally compelled’ to stick with Zimbabwe BEE
COMPLYING with Zimbabwe’s ever-changing empowerment regulations – known as indigenisation – has been a major headache for platinum miners such as Impala Platinum and...
Exxaro’s Mgojo sets out Eskom tactic as firm prepares to “ride...
EXXARO Resources CEO, Mxolisi Mgojo, put a pragmatic spin on the firm's topsy-turvey relationship with Eskom, the South African power utility, saying that he...
South Deep lifts Gold Fields, but CEO Nick Holland scolds analysts’...
GOLD Fields' shares surged on the JSE this morning - at one stage trading at R87.95 nearly 5% up on Wednesday’s closing price -...
Exxaro pays 90c dividend, but Eskom dispute & BEE structure leave...
AN improved performance from its coal division helped Exxaro Resources to a 10% lift in interim attributable earnings and 2% higher headline earnings -...
Harmony declares dividend, plots 50%, three-year output growth
HARMONY Gold will pay a 50 cents/share dividend - its first in four years - and in a statement of intent amid a stirring...
GEM gives Ghaghoo 12 months to make profits or face mothballs
GEM Diamonds said it would give its Ghaghoo mine in Botswana between six months to a year to prove it could mine diamonds profitably...
Wescoal turns to growth after inking 7.8Mt Eskom contract
WESCOAL Holdings had secured long-term security on cash flows that would enable it to invest in new projects following completion of a five-year coal...
Anglo under no pressure to bundle or sell SA mines to...
IT’S now become clear that the South African government wants Anglo American to ‘sell’ its thermal coal mines and 70% stake in Kumba Iron...
AngloGold describes Obuasi invasion as “surreal”
THE situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana - which has been invaded by thousands of illegal miners - has stunned management...