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Trans Hex to post a loss

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Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.

Aurora, Shandong cancel Pamodzi meeting

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Both Aurora Empowerment Systems and its potential Chinese investor have cancelled a meeting scheduled with Pamodzi Gold unions and liquidators, says an official.

Smokey Hills contractor killed by mob

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UPDATED: An employee of a mining contractor at Platinum Australia’s Smokey Hills has been killed in the wake of ongoing labour unrest at the mine.

Implats cuts back at Marula mine

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Impala Platinum is to retrench staff at Marula after putting proposed expansions on hold for at least two years because of persistent underperformance.

Tanzanian explorer to list on JSE

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AIM-listed gold exploration group Kibo is to list on the JSE's AltX, but is not looking to raise any money at this stage for its five projects in Tanzania.

Aurora told to vacate Pamodzi mines

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Liquidators have given Aurora Empowerment Systems three days to leave the Pamodzi mines in Orkney and Springs.

Govt clarifies BEE coal export quotas

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Three or four black-owned coal firms will get export entitlement through the Richards Bay Coal Terminal following the long-awaited reorganisation of the Quattro system, government says.

Platinum Australia has to deliver

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Platinum Australia has produced a favourable prefeasibility study for its Rooderand project, but the junior has to prove its Smokey Hills mine is a success to be able to fund Rooderand.

Nuclear remains part of energy mix, says Peters

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Energy Minister Dipuo Peters has reiterated government's commitment to nuclear and renewable energy as part of the integrated resources plan.

Lights will stay on, for now, says Eskom

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Power utility Eskom has denied currency market speculation of power outages.