Petra keeps sights on 2015 capex plan
Petra Diamonds has methodically scaled up diamond production but a time will come when investors will expect to enjoy yield. That time is coming, the firm says.
Pallinghurst to collect $8m as Jupiter unveils third buy-back
THE star performer in the Pallinghurst Resources stable - Jupiter Mines - has launched its third buy-back offer of the last 12 months undertaking...
G-7 plan to sanction Russian gold exports seen as symbolic
THE G-7 nations have pledged to halt Russian exports of gold but analysts speaking to Bloomberg News said the impact would be relatively muted...
Northam losses top R360m, sets talks date
Northam Platinum will meet with the National Union of Mineworkers on December 5 in new talks to be convened by the CCMA.
Copper 360 mulls entering renewable power distribution
COPPER 360 has signed a deal to acquire 55MW of wind power for R60m which it said on Wednesday could form the business of...
Zuma stages timely wage crisis intervention
South African president Jacob Zuma has called on traditional leaders to pare worker expectations regarding wage increases or risk wrecking the country's economy.
High Court finds SA mining not required to renew BEE
SOUTH Africa's High Court (Gauteng) found in favour of the country's mining sector today regarding the much-contested 'once-empowered, always empowered' dispute - a development that could influence...
Eskom in cheery ‘maintenance festival’ pledge
In his first address as acting Eskom CEO, Brian Molefe offered the dubious news of a "maintenance festival" this week in preparation for winter demand pressure.
Vedanta unit starts new copper project
Vedanta launches a copper reclamation project in Zambia that will add 24,000 tonnes to the group's annual output.
Sitatunga ready to begin manganese project after receiving permits
UNLISTED mining company Menar said subsidiary, Sitatunga Resources, was ready to begin production from its Hotazel manganese deposit in South Africa’s Northern Cape province after...