DRDGOLD output falls, plans Blyvoor sale
DRDGOLD says its output has fallen as expected in the March quarter, while headline earnings rose because of a deferred tax credit.
DRDGOLD lets go of alter ego
DRDGOLD has nailed its colours to the mast, saying it will focus solely on low-cost operations and shed the last remnant of its erstwhile reputation as a leveraged gold miner.
Prospecting licence moratorium lifted
An eight-month moratorium on the granting of prospecting licences has been lifted in all provinces except Mpumulanga, Minerals and Resources minister Susan Shabangu says.
DMR cracks whip on wayward rights holders
From this week, non-compliant holders of prospecting rights will have their permits cancelled, says Mines Minister Susan Shabangu.
Tata lifts lid on expansion plans
Industrial conglomerate Tata Group will invest up to $27bn in the Indian market over the next five years and more than double its revenue to $150bn, says a top official.
Eastplats reports lower March production
Eastern Platinum shares have taken a hit following March quarter results, showing a sharp drop in output, but the medium-term outlook for the company remains good.
Unions query Aurora rescue deal
Trade unions are sceptical about why a Chinese investor would plow R685m into a run-down mine.
SA battles reinforcing steel shortage
Delays are feared with big construction projects as the main suppliers are limiting the key component.
Mines face shutdown over deaths – report
The National Union of Mineworkers may reportedly shut the mining sector down for a day to protest a recent surge in mining deaths.
Gold retreats from new record high
The gold price steadied off a record high as the dollar firmed against the euro although renewed eurozone debt concerns may bolster gold again.