First Quantum to repay $224m to Zambian fiscus
First Quantum Minerals has agreed to pay Zambia $224m in tax arrears by Friday, says a senior government official.
Nzimande: Nationalisation won’t aid poor
Nationalisation won't help the poor, is not always progressive and was undertaken by Hitler, says SA Communist Party general secretary Blade Nzimande.
Sentula, Shanduka merger goes sour
The R2.1bn deal to merge Sentula Mining and the coal assets of Cyril Ramaphosa's group Shanduka has apparently hit the skids.
Acid water to cost fiscus more than R1bn
Government will need over R1bn to deal with acid mine drainage on the Witwatersrand, while a business plan for its strategy will be ready in July.
Nogxina exits with parting shot
The mining industry has brought the nationalisation debate upon themselves, says outgoing director general of mineral resources Sandile Nogxina.
Shanduka profits R2bn on Assore
Cyril Ramaphosa's Shanduka group has cleaned up on the sale of its empowerment stake in iron ore producer Assore, pocketing more than R2bn.
Salaries of Eskom execs doubled
Eskom has paid executives 109% more than in the previous year, with its CEO now earning R5.7m a year and its human resources head getting a 507% pay hike.
Transnet wary of public-private deals
Logistics firm Transnet says while it is open to working with private firms on its expansion plan, it would be cautious as many past deals were "disasters".
Egypt steel magnate faces fresh graft charges
Egyptian steel magnate Ahmed Ezz, a top ally of ousted President Hosni Mubarak who is being investigated for graft, faces fresh charges of profiteering and squandering public funds.
Joburg safe from acid mine water – study
A geo-technical risk assessment says there's no risk of acid mine water flooding the basements of high-rise buildings in the Joburg CBD.