Karee outage hits Lonmin shares
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
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.
Govt makes progress on Quattro quotas
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.
Exxaro gets interdict to stop strike
Exxaro has been granted a temporary interdict prohibiting workers from striking.
Pan African targets higher profit margins
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.
Beneficiation now official policy, says Manyi
Cabinet has approved mineral beneficiation as policy for South Africa, says spokesperson Jimmy Manyi.
Exxaro thwarted in Territory bid
UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.
Chamber objects to Eskom, Transnet changes
The Chamber of Mines says it is "deeply concerned' about the removal of Eskom’s chairperson, as well as suggestions that Transnet’s chair is also on his way out.
Firestone makes rights progress
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.
Mines DG to step down, says Shabangu
The director general of the department of mineral resources, Sandile Nogxina, will step down at the end of June to take early retirement, says Mines Minister Susan Shabangu.