MPs seek clarity on BEE milestones
Parliament has asked the Chamber of Mines to explain how the industry’s assessment of BEE compliance differs so vastly from government’s conclusions.
Pallinghurst share price woes continue
The share prices of Pallinghurst and two of its key operating arms remain stubbornly depressed, forcing management into remedial actions like share buy-backs and additional listings.
Eastplats posts major output drop
Eastern Platinum has reported a 29% drop in third-quarter production at its flagship Crocodile River mine, due mainly to labour disruptions.
Rio’s tax to boost Guinea’s infrastructure
Guinea will use 35% of a $700m windfall from Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, says a Guinean official.
Ownership rule too stringent, says Tsvangirai
Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.
Rio Tinto in major retreat from aluminium
Rio Tinto is putting an estimated $8bn worth of aluminium assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38bn.
Phoenix starts cold commissioning
Pan African Resources says it has commenced with the cold commissioning of the Phoenix platinum tailings plant.
Aquarius’ Blue Ridge may be up for sale
It seems various potential buyers may be sniffing around Aquarius Platinum's mothballed Blue Ridge mine, despite worsening operating conditions for the sector.
Gold One keeps ahead of guidance
Gold One International has reported a 23% increase in quarterly production to 35,128 ounces, which exceeds the company's guidance of 34,000 ounces.
Musical chairs in the Waterberg
It's a case of trading places among the aspirant coal miners of the Waterberg, with Sekoko Resources announcing it has poached two top executives from Namane Energy.