Home News Page 1105

News

DRDGOLD cuts Blyvoor’s lifeline

0
DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.

ARM chooses new CEO

0
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

0
Exxaro Resources has confirmed that its offer for Territory Resources will not be increased.

Keaton earnings grow on offtake coal sales

0
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.

MPs to discuss tax levy for acid drainage

0
Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.

State names water ‘transgressors’

0
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.

Malema: Minister must prep mines

0
Minerals Minister Susan Shabangu has to start preparing the mining sector "psychologically" for nationalisation, says ANC Youth League president Julius Malema.

Increase in resouce for Pan African’s Manica

0
Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.

Transnet to favour junior coal exporters

0
Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.

MPs pinpoint three acid drainage mines

0
Parliamentarians examining the environmental threat of acid mine water on the Witwatersrand are focusing their attention on three mines.