Petmin profit flat, doubles Somkhele capacity
Petmin has posted an interim net profit of R47m to end-December 2011, following a period of significant capital investment in its flagship Somkhele mine.
Zimbabwe’s Saviour an enigma
Saviour Kasukuwere, the Zimbabwean government minister who has become
the bane of foreign-owned businesses, is different things for different people.
Work resumes at Gold One’s Modder East
Gold One says worker attendance at the group's Modder East operations has returned to normal, following an unprotected strike.
Botswana launches state diamond trader
Botswana has formed a new state-owned diamond trading company that will purchase, market and sell a portion of Debswana production, according to a report.
CoAL awaits Exxaro’s buy-in in Makhado
Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of
the Makhado project - over which the diversified miner holds a 30% option -
within months.
CoAL awaits Exxaro’s buy-in in Makhado
Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of
the Makhado project - over which the diversified miner holds a 30% option -
within months.
Resource rent proposal deters foreign funds
A proposal to install a resource rent tax and make the state owned mining company
more prominent in industry affairs is driving foreign funds from South Africa's
shores.
Workers down tools at Gold One’s Modder East
Gold One International said it had issued an ultimatum to striking workers at its
Modder East mine and would consider dismissal as the walk out was unprotected.
Great Basin taps market for Burnstone funds
Great Basin Gold has shored up its balance sheet again, raising R378m that is
to protect the company against possible shocks at its Burnstone mine.
Exxaro looks to mineral sands for 2012 boost
A major part of Exxaro Resources’ future is now captured in its mineral sands
output; a business it nearly closed just over a year ago.