Liquidators warn Aurora – again
Aurora has to prove it has made progress in finding investors for the Pamodzi mine or face being kicked out of the deal, says liquidator Enver Motala.
Metorex copper output up 8%
Metorex increased production despite seasonally high rainfall and the installation of a new modified transformer at Ruashi.
Chinese mine bosses cleared in shooting
Two Chinese managers accused of shooting protesting workers at a coal mine in Zambia have been cleared after prosecutors decided to drop the case
Cosatu, Num take Aurora to court
The unions say they will apply to the high court for an order to stop Aurora from stripping the Orkney mine before its liquidation is finalised.
Pamodzi liquidators pocket R40m
Unions are outraged after Enver Motala and his colleagues were paid more than R40m for handling the Pamodzi liquidation.
Mining charter set for more changes
Parliament has started public hearings on the mining charter review in a process which may lead to added provisions, says committee chair Fred Gona.
Vale dumps CEO
Brazilian mining giant Vale has forced its CEO out, following weeks of rumours that the government was demanding change at the top of Latin America's largest non-state firm.
Vale director Tito Martins to be new CEO
Vale director Tito Botelho Martins will be named the company's new chief executive, reports a local newspaper.
Marcus appeals to nationalisation backers
Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.
Pallinghurst’s lacklustre share price
Pallinghurst Resources is getting things right at the operating levels of its various interests and its NAV is rising, but the share price is yet to reflect this.