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Zungu committed to Rockwell, deal imminent

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Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.

Amsa plant resumes production

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ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.

Three more Miranda board members resign

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Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.

Court orders Aurora’s Zuma to pay R10m

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A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.

BHP suspends work at Khutala after fatality

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BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.

Desperate PLA lets go of Smokey Hills contractor

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Platinum Australia is hoping for a fresh start after a share price plunge of around 90% in 2011, announcing it will from now on conduct its own operations at the Smokey Hills mine.

Transnet unveils R17bn coal solution

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The much-vaunted Lothair rail project, expected to help massively ramp up coal deliveries to Richards Bay, was officially unveiled with a completion date of 2016 set for the initiative.

Eskom asks for 10% drop in power use

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Power utility Eskom says it needs people to cut their power usage by 10% to keep the country's electricity supply running.

Gold Fields agrees plan to resume Kyrgyz drilling

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Gold Fields has signed an agreement with Kyrgyz villagers that will enable it to resume drilling at a prospective copper deposit, three months after an arson attack.

Mboweni buys stake in iron ore junior

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Former Reserve Bank Governor Tito Mboweni and his brother, Alto, will buy up to 20% of iron ore junior Ferrox Holdings in a $32m deal.