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