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Village Main Reef set to churn cash

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If the rand gold price stays at current levels Village would generate the kind of cash that would make a mockery of its current share price according to CEO Bernard Swanepoel.

Zim mines minister calls for calm

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Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Deals too expensive, says Anglo’s Carroll

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Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.

Macozoma: beneficiation needs power surety

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Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.

Rock driller loses life at Ezulwini

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A rock drill operator has lost his life at First Uranium Corp.'s Ezulwini mine, the company announced.

Fedusa: Govt not serious about acid water

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The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.

Petmin drives its diversification strategy

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Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.

Guinea to review mining contracts

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Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Forbes Coal posts record exports

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Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.