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Shabangu to open Mining Indaba

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Oranisers of the annual Investing in African Mining Indaba says the Minister of Mineral Resources, Susan Shabangu, will officially open the event.

Gold One, Gold Fields explore surface JV

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Following a year of frenetic corporate activity at Gold One International, CEO Neal Froneman has revealed his next play: a possible surface-operations joint venture with Gold Fields.

IFM recovery exceeds expectations

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Ferrochrome producer International Ferro Metals has taken another step towards restoring investors’ faith, meeting key cost and production milestones as it seeks to regain former highs.

Implats to fire 5,000 in unlawful strike

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Impala Platinum says a strike by drill operators at its Rustenburg operations is illegal and it is to start laying them off.

SA less attractive to mining investors: SAIRR

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SA has become significantly less attractive as a mining investment destination since 2006, says the SA Institute of Race Relations.

NUM slams Impala’s 18% retention increase

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Impala Platinum has raised the prospect that production at its Rustenburg mine will be negatively affected for up to two weeks as it begins to dismiss 5,000 rock drill operators.

Mandela is Aurora’s likely scapegoat

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Zondwa Mandela is likely to be the fall guy for the Aurora debacle as the company faces an inquiry to determine whether there are grounds for fraud and theft charges.

Mali seeks bigger share in mines, lower taxes

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Mali is seeking to raise the state share in mining projects to 25% from 20% in a proposed revision to the West African gold producer's mining law, says an official.

Trans Hex ‘tying loose ends’ in Namaqua deal

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Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.

Zimplats workers strike over power bills

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WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.