‘Serious discrepancies’ at Aurora
New liquidators have uncovered discrepancies between the assets handed to back Aurora's liquidators, and those given to Aurora when it made a R600m bid for the financially-striken Pamodzi Gold mines.
RBCT coal line re-opens
Transnet Freight Rail has re-opened the coal export line - from Ermelo to Richards Bay - after a 20 day shutdown for maintenance and improvement.
Glencore profits jump 45%
Commodities trader Glencore has seen operating profit grow 45% in the first quarter as market volatility boosted its marketing arm and says it sees demand for commodities remaining healthy.
Another Waterberg player seeks listing
A new early stage player in the Waterberg coalfields is pursuing a JSE listing, giving investors another option among a growing number of coal juniors looking to make their mark in the area.
Zim indigenisation laws ‘to carry on’
The scathing attack by Zimbabwe’s parliament on the country’s indigenisation laws should not be interpreted as the end of the controversial legislation, says a mining industry official.
Tough times for PGM miners, despite outlook
Platinum is the sector of South Africa’s mining industry generally held to have the best-looking future. But you wouldn’t know that judging by recent developments.
Tanzania sets out plan for super tax
Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.
Trans Hex on the up again
It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.
Wage negotiations start for coal and gold
The National Union of Mineworkers has started wage talks with the Chamber of Mines on the union's demand for a 14% rise in salaries from gold and coal miners.
Mozambique to step up diamond controls
Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.