Home News Page 1023

News

Impala miners found dead

0
Two employees reported missing on Friday were fatally injured following a fall of ground incident at Impala Rustenburg's 7 Shaft, the company said.

More knocks for Great Basin Gold

0
The Great Basin Gold share price has continued to drop despite CEO Ferdi Dippenaar's personal vote of confidence in using R500,000 of his own money to buy the stock.

Eskom mulls equity in foreign power

0
Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.

Vale says rail sharing negotiable

0
Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.

Mozambique won’t hike royalties, taxes

0
Mozambique mines minister, Esperanca Bias, pledged the country would not follow the example of Zambia and Ghana by hiking taxes or royalties in the coal-rich country.

Harmony recovers body of miner

0
Harmony Gold said it had recovered the body of the miner trapped last week at its Kusasalethu mine, near Carltonville.

Great Basin’s Dippenaar votes with wallet

0
Ferdi Dippenaar, CEO of Great Basin Gold, has put down R488,000 buying his company's shares after recent value slide.

Oz tax to be passed, upsets juniors

0
Australia's government is set to pass laws for its 30% mining profits tax later this week after agreeing to lift the starting threshold. But mid-tier and junior companies say it favours the major mining firms.

Central Rand Gold stays above water for now

0
Shareholders in Central Rand Gold - the JSE's worst performing gold stock - were given no definitive answers on the company's future in the latest management statement.

Gold Fields seeks royalty hike details

0
Gold Fields said it would seek more details on a proposed hike in royalties and a windfall tax by Ghana following the country's budget announcement last week.