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AEMFC to extract improved Eskom terms

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South Africa's African Exploration & Mining Finance Company provides further support that selling coal to Eskom is more profitable than exporting it.

Petronas, Phembani to list Engen on JSE in order to fund...

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PHEMBANI Group, which is a shareholder in Engen, is to sell shares in the fuel retailer in order to upgrade a Durban refinery, said...

Immigration staff shortage proving bottleneck for returning migrant mine labour

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THE return to work of some 9,500 foreign mineworkers needed to get South Africa’s mines back to full production is being held up by...

AngloGold signs 3-year deal with AMCU; NUM talks continue

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ANGLOGOLD Ashanti has agreed a new three year wage deal with unions representing about 62% of its South African workforce in which lower category...

DRDGold passes dividend on capex jolt

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The cost of building new technology at its Ergo plant, hit DRDGold's cash flow harder than imagined leaving no room for a cash distribution to shareholders.

Friedland to storm back with IvanPlats

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Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.

AMCU serves demands on bad day for golds

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The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.

CoM concerned about governance of new tax collection body

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THE Chamber of Mines has laid into a Department of Mineral Resources (DMR) proposal in the newly redrafted mining charter that seeks to impose...

Mantashe ready to take battle over coal-fired energy to court

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SOUTH Africa's mines and energy minister, Gwede Mantashe, said he was prepared to take efforts to keep coal in the country's energy plans to...

Anarchy and death at Aurora mine

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Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.