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Tax charge takes shine off Acacia output lift

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Tanzanian gold miner Acacia Mining’s ongoing dispute with tax authorities has seen it make a $70m provision and agree to make forward payments to...

Master Drilling targets open cast drilling in S. America deal

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MASTER Drilling expected to conclude an acquisition before the end of its current financial year that will open up the open-cast mine drilling market...

RBM unveils plans to build 130MW solar plant in Limpopo province...

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RICHARDS Bay Minerals (RBM) today announced plans to build a 130MW solar power plant - equal to 300GW/h in energy generated over a year...

Ergo a winner for DRDGold

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The Ergo project is now delivering healthy profits for DRDGold with more to come as the fine-tuning is completed and it will also extend the lives of the Crown and City Deep treatment plants

NewPlat ETF racks up 368k oz in first month

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Fuelled by platinum industry restructuring, Absa's NewPlat ETF has produced a storming debut on the JSE.

Ngqula, Erwin meet up in coal sector

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Former South African Airways and Industrial Development Corporation CEO Khaya Ngqula has got his hands dirty - literally - plying his trade in the coal industry.

Northam shareholder says it’s “uneasy” about illogical RBPlat share purchase

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ALLAN Gray portfolio manager Sandy McGregor has questioned the wisdom of Northam Platinum's play for control of Royal Bafokeng Platinum (RBPlat) which he described...

Implats loses R570m to stoppages but won’t turn to court

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IMPALA Platinum recorded a total of 58 Section 54 safety stoppages in the six months to December which cost the group 25,000 ounces in...

Gem Diamond execs take pay cut as firm unveils restructure

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GEM Diamonds is the latest diamond miner to announce restructuring plans owing to a prolonged trough in prices for the luxury product. The UK-listed miner...

Trio of forces behind Botswana coal failure

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Botswana has failed to live up to its coal production growth plans which could be blamed on the Botswana government, junior miners and Eskom.