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Work on acid mine water underway

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Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.

Num, Chamber to start talks on wages

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The National Union of Mineworkers is to begin official wage talks with the Chamber of Mines, with the union demanding a 14% wage increase, it says.

Gold slumps to three-week low

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Spot gold fell more than 1% as heavy losses in crude oil and other commodities prompted investors to sell gold.

Ngqula, Erwin meet up in coal sector

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Former South African Airways and Industrial Development Corporation CEO Khaya Ngqula has got his hands dirty - literally - plying his trade in the coal industry.

Govt makes progress on Quattro quotas

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The department of mineral resources has granted entitlement to two new coal exporters under the Quattro system, with a further two slots still up for grabs.

Karee outage hits Lonmin shares

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Lonmin’s shares have lost ground following a downward revision of the company’s production target, coupled with an upward adjustment of unit costs.

Australia releases mine tax draft

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Australia's government has released draft legislation for its controversial mining profits tax, keeping the 30% rate and says resource firms will be able to push for more changes.

Exxaro gets interdict to stop strike

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Exxaro has been granted a temporary interdict prohibiting workers from striking.

Pan African targets higher profit margins

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Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.

Firestone makes rights progress

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Firestone Energy's application for mining rights made by its joint venture with Sekoko Resources has been approved at a regional level by the department of mineral resources.