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ARM chooses new CEO

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African Rainbow Minerals has picked one of its own executives - Mike Schmidt - to take over as CEO from Andre Wilkens in March next year.

Exxaro walks away from Territory

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Exxaro Resources has confirmed that its offer for Territory Resources will not be increased.

DRDGOLD cuts Blyvoor’s lifeline

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DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.

Anglo: nationalisation not the way to go

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Resources giant Anglo American says nationalisation is not the right model for South Africa.

Online rights system to shut down for maintenance

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The department of mineral resources says its online mineral rights application system would be undergoing scheduled maintenance and upgrade work next week.

Keaton earnings grow on offtake coal sales

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Keaton Energy has posted diluted headline earnings of 10.3 cents per share - up from the previous period's 5.6 cents - for the year ending on March 31.

Increase in resouce for Pan African’s Manica

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Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.

MPs to discuss tax levy for acid drainage

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Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.

Transnet to favour junior coal exporters

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Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.

State names water ‘transgressors’

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The department of water affairs has listed 100 mines operating without water licences, four of which - including Exxaro and Gold Fields assets - have not yet made applications.