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Exxaro to build on non-coal ambitions with R1.55bn takeover of Cennergi

EXXARO Resources is to buy 100% control of its renewable energy play Cennergi from India's Tata Power Company for R1.55bn as it seeks to...

B2Gold to lift stake in Gramalote to 50%, take management control...

B2GOLD would lift its stake in Colombia's Gramalote gold prospect to 50% and take project management of the exploration programme by the end of...

Petra led into full-year loss after it writes down assets $247m...

PETRA Diamonds said its South African lenders remained onside despite weak diamond prices which led the company into a $258.1m net loss for the...

Kinross approves $150m Tasiast second phase project, seeking 40% production uplift

KINROSS Gold Corporation is to proceed with the second phase development of its Mauritania mine, Tasiast, at a capital cost of $150m, the Toronto-listed...

Mining sector mourns “untimely” passing of deputy mines minister, Bavelile Hlongwa

THE Minerals Council South Africa expressed its sadness at the passing of deputy mines minister, Bavelile Hlongwa, who lost her life on September 13. According to...

SA Govt to discuss price indexation with coal sector to contain...

THE South African government would ask the country's coal producers to consider indexing the price of coal supplied to Eskom, the state-owned power utility,...

Investor group urges mid-tier gold companies to embrace nil-premium consolidation

MID-tier gold producers have been urged to consolidate as there were "far too many", said the Financial Times citing comments by the Shareholders' Gold...

Exxaro Belfast project produces first export coal six months ahead of...

EXXARO Resources said it had started production at its R3.3bn Belfast thermal coal mine in South Africa's Mpumalanga province six months earlier than planned. Production...

UASA supports secret ballot as SA’s labour registrar issues notice of...

MINING industry union, UASA, voiced its support for secret balloting imposed by the Registrar of Labour Relations, saying it would help prevent unnecessary strikes. "The...

ARC writes down Elandsfontein project as Kropz sent back to the...

THE proposed Elandsfontein phosphate mine in South Africa's Western Cape is facing additional delays, said African Rainbow Capital Investments (ARC), the Johannesburg-listed firm which...