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Dismissal scuppers Pamodzi deal, says Motala

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The dismissal of two Pamodzi liquidators has jeopardised a possible transaction to rescue the assets, according to one of the pair.

Chamber dismisses beneficiation plan

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Minerals are beneficiated close to export markets, not in their country of origin, says new Chamber of Mines president Xolani Mkhwanazi.

Exxaro bids for Aussie iron ore miner

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Exxaro Resources has bid for junior Australian iron ore producer Territory Resources, but could face stiff opposition from commodity trader Noble Minerals.

Motala fired as Pamodzi liquidator

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Enver Motala and Gavin Gainsford have been dismissed as liquidators of the Pamodzi Gold estate, says labour union Solidarity.

Miners union seeks 14% wage increase

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The National Union of Mineworkers says it wants a 14% rise in salaries from SA's gold and coal miners in upcoming wage talks.

New Vale CEO sets out priorities

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The incoming CEO of Vale has promised to maintain the company's booming growth while improving the frayed ties with Brazil's government leaders that forced the ouster of his predecessor.

State steps in as Wesizwe axes execs

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The department of mineral resources has intervened after Wesizwe Platinum's new majority shareholder instituted a purge of the junior miner's executives.

Union’s internal strife halts Lonmin mine

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Lonmin says a dispute among officials of the National Union of Mineworkers has resulted in an unprotected strike at the group's Marikana operations.

China tightens rare earths grip

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China has further strengthened its hold on the rare earths market, raising taxes on the minerals and banning new projects to produce the metals via separation.

Jubilee admits buyout talks

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Shares in Jubilee Platinum have soared, following an announcement that the group is in discussions with a possible suitor.