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Sarb swoops on Mzi Khumalo’s assets

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Mining magnate Mzi Khumalo has finally been hit with a R1bn order of forfeiture by the Reserve Bank for flouting exchange control laws.

Randgold Resources lowers output target

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Randgold Resources has revised its full year production downwards after abnormal rainfall in Mali impacted on production.

DRDGold writes down Blyvoor

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DRDGold has removed Blyvoor mine from its balance sheet; a move which CEO Niel Pretorius says isn't an indication that the distressed asset will be shut down soon.

Glencore buys into Optimum Coal

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Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.

Num condemns Lonmin community deal

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Lonmin's agreement to employ only locals at its Marikana mine in Bapong promotes xenophobia, says the National Union of Mineworkers.

ANC Youth League braces for leader’s trial

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The ANC Youth League is planning to support its leader Julius Malema, who has galvanised legions of poor black supporters, at a disciplinary hearing this week that may lead to his suspension.

Malema’s demise will change mining debate

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The nationalisation debate will probably head into a new direction when the dust settles over the disciplinary hearing of ANC Youth League President Julius Malema.

Shabangu to give charter verdict soon

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Mines minister Susan Shabangu will soon give her assessment of industry progress in reaching the objectives of the Mining Charter.

Illegal miner dies at Grootvlei

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A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.

Nationalisation not a cure-all for SA’s ills

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Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.