Sibanye-Stillwater unveils R1.3bn surface gold deal with DRDGold
SIBANYE-Stillwater's unstinting deal odyssey continued today after the firm unveiled a partnership with DRDGold in which it will vend surface gold resources into a...
Eskom promises to provide R1.8bn to Exxaro’s Matla
EXXARO Resources said Eskom would provide R1.8bn to expand the Matla mine after the mining firm reduced the cost of the proposed expansion by...
SA mining surges into R17bn profit, but dividends fall a quarter
THE South African mining industry staged a modest recovery during 2017 with the 25 companies covered in the annual survey carried out by accounting...
Mining charter court bids may be consolidated, say attorneys
SOUTH Africa's mining industry believes taking disagreements about the interpretation of the mining charter to the court is the best means to solving an...
Dunne’s savvy deal lines up Pandora for Northam
I DON'T know what Northam Platinum CEO, Paul Dunne, does over weekends but judging by the deal he’s just done to acquire Eland Platinum...
Draft charter is “economic suicide” for SA
MINING minister, Mosebenzi Zwane, has caused significant damage to South Africa’s economy with the release of a new draft Mining Charter, said a senior...
Gordhan throws weight behind R58bn renewable IPP plan
FINANCE minister Pravin Gordhan threw his weight behind South Africa's renewable independent power producer (IPP) programme amid criticism, most notably by Eskom CEO, Brian...
DMR suffers devastating defeat in Aquila Steel court battle
SOUTH Africa's Department of Mineral Resources (DMR) has suffered a devastating defeat in the High Court (Pretoria) which has potentially far-reaching implications for other...
Cash flush South32 may be lining up a bumper dividend
SINCE reaching its best ever valuation since listing in mid-2015, shares in South32 have been under something of a correction, down about 13% between...
Shock new charter may outflank industry bid for legal clarity
LAWYERS have expressed concern over a new draft version of the Mining Charter that was published this afternoon and deduced that the unexpected move...