ConCourt makes mine zoning judgment
Mining companies have to obtain permission not only from the Department of
Mineral Resources for mining or prospecting on a piece of land, but also from
local authorities.
Gold, PGM output take a hit
South Africa's mining output fell sharply in volume terms in February, highlighting the impact of a government safety drive and a strike at Impala Platinum, reports Reuters.
Transnet sets sights on R300bn quantum leap
The bold capital expansion programme will include R32bn on taking coal export
capacity to 98 million tonnes a year, and a further R25bn expanding iron ore
exports to 81Mtpy.
Kasukuwere changes his tune on compensation
Zimbabwe’s Minister of Indigenisation, Saviour Kasukuwere, has now ruled out
any compensation being paid to Implats’ Zimbabwe unit, Zimplats.
Zimbabwe ‘owns’ 51% of non-compliant mines
Zimbabwe's indigenisation minister says the state now owns 51% of all mines that have not complied with the countries local ownership laws, according to Reuters.
Tribunal allows intervention in Petmin case
Two players in the silica market have been granted leave to intervene in proceedings at the Competition Tribunal on Petmin's proposed sale of SamQuarz, reports Business Day.
Gold One, FIU sign binding Ezulwini deal
Gold One International and First Uranium Corporation have signed a binding sales agreement on the transfer of Ezulwini mine.
AMD treatment: The risk of becoming ill
Between 0.0005% and 0.00001% - that’s the risk consumers run of becoming
ill from using water from the purification processes proposed by WUC for
treating acid mine effluent.
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.