SA less attractive to mining investors: SAIRR
SA has become significantly less attractive as a mining investment destination since 2006, says the SA Institute of Race Relations.
IFM recovery exceeds expectations
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.
Shabangu to open Mining Indaba
Oranisers of the annual Investing in African Mining Indaba says the Minister of Mineral Resources, Susan Shabangu, will officially open the event.
Implats says 5,000 workers on strike
Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.
Universal considers approaches from third parties
Universal Coal says it is reviewing the appointment of advisors, following informal approaches from third parties for its coking coal projects in South Africa.
Mandela is Aurora’s likely scapegoat
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.
High hopes for R17bn Swaziland rail
There's a lot of excitement about the first new freight railway line to be built by SA in
about a quarter of a century; Transnet SOC and SwaziRail's R17bn Lothair project.
Trans Hex ‘tying loose ends’ in Namaqua deal
Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.
Mali seeks bigger share in mines, lower taxes
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.
Zimplats workers strike over power bills
WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.