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Thebe Corp to launch BEE coal fund

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Thebe Corporation is to launch a coal fund aimed at realising Eskom's hope for more black-owned coal producers.

Perseus increases stake in Predictive Discovery to 19.9%

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PERSEUS Mining today increased its stake in Predictive Discovery to 19.9% after buying a 13.82% foothold in the company last month. However, Perseus said a...

State talks tough on cheap steel

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The government says it will do all it can to ensure domestic steel manufacturers are able to source ore from Sishen at a discount, subject to a pricing agreement.

Sibanye-Stillwater to retire $400m in debt following streaming deal

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SIBANYE-Stillwater wasted little time putting the $500m received in July from its streaming deal to good use with the company today announcing it would...

Manganese exports boosted after TFR adds rail slots on Northern Cape...

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MANGANESE exports from South Africa are set to receive a boost after Transnet Freight Train completed a debottlenecking project which will add four additional rail...

Mwana Africa H1 loss narrows

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Mwana Africa has reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe.

Forbes sets out growth targets

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Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.

Merafe dividend draws shareholder ire as firm accused of “extremely lazy”...

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MERAFE Resources today defended its interim dividend payout against criticism it was inappropriately conservative, saying it was within company policy and allowed for risks...

De Beers’ Penny quits firm

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De Beers CEO, Gareth Penny, ended a five year reign at the helm of the diamond group on Friday even as it unveiled a doubling in pretax earnings, an 84% increase in sales and a doubling in production.

Collahuasi unions join Escondida in strike

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Workers at Chile's Collahuasi have put down their tools over unmet labour demands, compounding worker unrest as a strike at top global copper mine Escondida enters a ninth day.