Beneficiation ‘no jobs panacea’
Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.
DRDGold’s Blyvoor out of financial distress
DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.
Nationalisation dead in water: Godsell
Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.
Zambia to double copper royalties
Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.
Gold Fields delivers record earnings
Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.
ANC cripples Malema nationalisation drive
Julius Malema, president of the ANC Youth League, has been suspended from the organisation for five years, raising questions about whether nationalisation will dominate its policy-making conference.
Anglo snubs Codelco in $5.4bn Chilean deal
UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to
negate the eventuality of that country’s state-owned Codelco taking a significant
stake in those assets.
Julius Malema on full pay until appeal
ANC Youth League leader Julius Malema has to "vacate his position", says the party's national disciplinary committee.
Cabinet approves beneficiation guidelines
Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.
Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.