Motsepe lays out R48m in share deal
In one of the larger share deals accruing to an individual so far this year,
Patrice Motsepe has exercised share options issued by African Rainbow
Minerals.
Pallinghurst to pursue “bargain’ rights offer
Pallinghurst Resources has approved a new rights offering for R800m, priced at
around a third of its net asset value, as the company looks to add coal and
copper properties to its asset base.
Finance a challenge for junior miners
Despite steady commodity prices, financing remains a challenge for junior miners, a financing panel told the Reuters Global Mining and Metals Summit.
Mali neighbours mull sanctions to oust junta
Sanctions or even direct force would be used to eject the military junta that last
week deposed Mali's government.
MDM to do Gold Fields, Gold One JV scoping study
MDM Engineering says it has been awarded the scoping study contract for Gold Fields and Gold One International's proposed surface operations joint venture.
Mines taken to task over Carolina water
Minister of Water and Environmental Affairs Edna Molewa says four mines have been issued pre-directives in relation to the poor quality of drinking water in the Mpumalanga town of Carolina.
Shabangu seeks “meaningful transformation’
Mines Minister Susan Shabangu acknowledges the "modest changes' made by
miners to transform the industry, but says far more needs to be done to alter
the face of the sector.
Storm over acid drainage proposals
A war of words on the role of a well-known expert has erupted over the merits
of suitable technologies for the treatment of acid mine drainage.
Mali soldiers say seize power after palace attack
Renegade Malian soldiers have gone on state television to declare they had seized power in a coup after the government's failure to quell a nomad-led rebellion in the north.
ENRC eyes fresh blood for board as costs bite
Kazakh miner ENRC plans to add "fresh blood" to its board as it seeks to draw a line under governance troubles that have hit its shares.