New management shapes Wesizwe’s future
Wesizwe is now a jump ahead of its rivals with a fully-funded platinum mine under development but you would never know that judging by its underperforming share price.
SA ‘scratching head’ on stabilising rand
The government is scratching its head about how to stabilise the volatile rand, says Finance Minister Pravin Gordhan.
DMR ‘getting tough’ on non-compliance
The recent spate of punitive actions against miners serve as warnings that the Department of Mineral Resources is getting serious about compliance, says a spokesperson.
Vulisango back in action at Simmers
BEE company Vulisango has grabbed effective control of the Simmer and Jack Mines cash shell and has also established closer ties with First Uranium.
Australia says profits tax ‘dusted and settled’
Australia's government says plans for a controversial profits-based tax on coal and iron ore miners are "dusted and settled", despite independent lawmakers pushing for the inclusion of gold.
Central Rand Gold takes DMR to court
Central Rand Gold is to seek an urgent interdict to be allowed to continue operations while it appeals the government's decision to cancel its mining right.
Blyvoor may shed 12pc of workforce
Record rand gold prices will do nothing for at least 500 workers at DRDGold's Blyooruitzicht underground mine following the group's intention to consider retrenching 12% of the mine's workforce.
BHP coal miners strike to continue
Work stoppages at BHP Billiton's Australian mines are set to continue.
Amsa pronounces R9.1bn BEE deal dead
ArcelorMittal SA (Amsa) declares the mooted R9.1bn empowerment deal with Imperial Crown Trading dead after the proposed partners fail to meet conditions.
Kalagadi on course for 2012 start
Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.