Eskom mulls equity in foreign power
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
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
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
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
Ferdi Dippenaar, CEO of Great Basin Gold, has put down R488,000 buying his company's shares after recent value slide.
Central Rand Gold stays above water for now
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
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.
Oz tax to be passed, upsets juniors
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.
Molefe routes Transnet back on track
How Transnet goes about its business is watched with eager intensity in places as far flung as Asia and Europe as well as in SA where the utility is viewed a kingpin in economic growth.
Aurora sold gold and kept proceeds
Aurora's directors and managers have sold R122m worth of gold from the Pamodzi mines and paid themselves with the proceeds instead of paying running costs and staff.