TFR shifting coal at record tempo
Transnet Freight Rail was consistently upping its game, Transnet Group CEO, Brian Molefe has said with weekly rates topping 1.6 million tonnes.
Trans Hex progresses De Beers deal
Shareholders, board members and competition authorities have agreed to the acquisition of Namaqualand Mines by Trans Hex, but certain conditions precedent have yet to be fulfilled.
Transnet puts pressure on the RBCT
Transnet CEO Brian Molefe is grinning from ear to ear as stocks build up at the Richards Bay Coal Terminal because TFR is railing coal to the terminal faster than it can be exported.
ResGen secures haulage deal with TFR
Resource Generation has some comfort it can haul coal from its proposed Boikarabelo mine, but the conditionality of the deal means it can't yet raise capital against it.
IFM meets key milestones
International Ferro Metals is ticking all the boxes in its attempts to turn the corner on a difficult past, meeting key targets as its seeks to lower costs and increase capacity.
Gordhan takes stock of SA’s mining woes
Finance Minister Pravin Gordhan has given a frank assessment of why SA's mining sector has failed to keep up with its peers in attracting new investment in recent years.
IMF encourages Ghana to up mining revenue
Ghana has to look at options to increase tax revenues from its mining sector, says the International Monetary Fund.
NUM, Xstrata agree to end dispute within days
The National Union of Mineworkers says it has agreed with Xstrata to resolve within 7 days a dispute over an employee share ownership programme.
Gordhan aims for primary balance by 2015
South Africa will see its budget deficit widen a touch this year to support a weak recovery, but aims to constrain expenditure and keep debt in check.
AngloGold CEO sees no bubble in gold price
AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.