SA needs R1.2bn for mine water threat
South Africa will have to spend around R1.2bn to clean up acidic water threatening to spill out from abandoned gold mines under Johannesburg, according to a report.
Acid mine water: a century’s legacy
A report on acid mine drainage has sketched a gloomy scenario of how 120 years of mining in the Witwatersrand had developed a real threat to the area’s people and environment.
ANCYL slates mines researcher
The ANC Youth League is opposed to the inclusion of an independent researcher in the ANC team probing the viability of mines nationalisation, says its spokesperson.
Gordhan sets aside R230m for acid mine water
The government has budgeted R225m over the next two years to design and build an acid mine water treatment facility in the Vaal water management area.
Govt accepts mine drainage advice
The government says it can prevent rising acid effluent in the Central Basin of the Witwatersrand from reaching environmentally critical levels next year.
AEMFC under fire over special treatment
More industry players are raising concerns that state-owned miner AEMFC is receiving preferential treatment from the department of mineral resources.
Anglo ‘paid too much’ for Minas Rio
Cost increases at Minas Rio may indicate that Anglo American CEO Cynthia Carroll has overpaid for the controversial iron ore project.
Anglo doubles profit, announces new JV
UPDATED: Anglo American has almost doubled its operating profit on the back of higher commodity prices as well as improved efficiencies, and will resume paying a final dividend.
BHP goes on $80bn expansion spree
BHP Billiton plans to pour $80bn into expansions and return cash to investors rather than chase takeovers, after nearly doubling its first-half profit.
Public enterprises to house state miner
The state-owned mining company that will spearhead the government's foray into the mining sector will be located in the department of public enterprises, says ANC secretary-general Gwede Mantashe.