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No quiet exit for First Uranium

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The chances of First Uranium being afforded a dignified death seem slim as disgruntled shareholders are organising a rebellion against the disposal of key assets.

Smokey Hills progress pleases Platinum Australia

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Platinum Australia says it has made significant progress at Smokey Hills since it switched from contract mining to an owner operator in January.

Aurora “virtually a Ponzi scheme’

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The liquidators of Aurora Empowerment Systems have revealed that the company only has R2,000 left in 10 bank accounts, leaving workers with no hope of ever being paid.

Firestone, Sekoko in new MoU with Eskom

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Firestone Energy has taken a giant step towards survival after Sekoko Resources, its partner in the Waterberg, signed an MoU with Eskom on a 30- year supply agreement.

MDM to do Gold Fields, Gold One JV scoping study

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MDM Engineering says it has been awarded the scoping study contract for Gold Fields and Gold One International's proposed surface operations joint venture.

First Quantum gives Sentinel resource update

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First Quantum Minerals has provided a resource and capex update on its Sentinel copper project in Zambia.

Gold Fields ‘committed’ to Mali – report

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Gold Fields CEO Nick Holland says the company wants to continue its exploration activities in Mali, despite last week's military coup, according to Reuters.

Sasol cooking with gas

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With the world in the foothills of the gas era, Sasol is positioning itself in quickfire fashion to be a major player in the dominant commodity of the future.

Essar shows its plans to revive former Zisco

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India’s Essar Global is to sink $4bn into Zimbabwe’s collapsed steel mining and beneficiation industry through a capital injection into NewZim Steel, a JV with the country’s government.

Limpopo gives Resgen thumbs up for mine

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The building of the proposed Boikarabelo coal mine in the Limpopo province moved a step closer with authorities approving its construction.